You just cannot deny the fact that procurement is an important part of your business. It makes it important to undertake a regular procurement analysis in an attempt to ensure that you are making the best use of your money. Before going further, it is important to get a better vision of what procurement analysis is. It is the analysis of what goes on in your purchasing department. Have a look at the individual procurement analysis needs -
Analyze cost of storing items
Nothing can be much important that analyzing the cost of storing the items as well as the cost of not having the items available for sale. You can get a better idea of the optimum inventory levels that will not negatively influence sales or productivity.
Analyze what your suppliers are providing
If you have suppliers, you can better analyze that who is supplying you how much. Thus, by consolidating the suppliers you can get the better prices and terms.
Analyze the delivery times
Especially if you are dealing with the perishable and large goods, analyzing delivery times is highly important. Thus, all these areas within a business can be highlighted using a proper procurement analysis of delivery times.
Thus, if you can analyze what is actually happening in your purchasing department, you can actually save. Possessing an extensive expertise in procurement analysis, Marcello Pompa is always best at planning the purchase timing and keeping an eye on inventories to ensure the steady supply for manufacturing.
Apart from a procurement analyst, Marcello Pompa is always willing to provide the best customer experience. He worked on establishing the candidate relations. He always stayed in touch with the management to get a regular update on the current openings and workplace-planning strategies. Overall, he detailed all the assignments and ensured that the candidates had a great understanding of job duties and business requirements.
About Marcello Pompa
With solid background in recruiting, Marcello Pompa managed more than 20 open requisitions for a wide variety of positions. These positions include Business Analyst, Business Intelligence Consultant, Software Developer, Marketing Manager, Executive Assistant, Accountant, Controller, Engineers, etc.