Managing spends in APAC - the tactical sourcing imperative
The procurement function in Asia Pacific (APAC) operates in a landscape distinct from more standardized and structured markets. A key factor contributing to this unique environment is the region's fragmented supplier base. This complexity necessitates a tailored approach to sourcing compared to other regions.
This paper dives into APAC procurement through the lens of spend management, offering valuable insights for global, regional, and local procurement leaders. We'll equip you with the knowledge to:
- Navigate the Fragmented Supplier Landscape: Learn effective strategies for identifying, evaluating, and collaborating with a diverse range of suppliers across APAC.
- Optimize Spend Management Practices: Discover best practices for cost control, negotiation tactics, and contract management specifically suited to the APAC market.
- Develop a Winning Sourcing Strategy: Gain a framework for crafting a sourcing strategy that accounts for regional nuances and maximizes value for your organization in the APAC market.
