Procurement has come of age. It has become one of the foundational requirements of the successful functioning of many large organizations that are dependent on multiple products sourced through multiple vendors. Among many industries, hospitality, engineering, automobile, mobile and other industries assume greater significance with regard to procurement.
Lotus can help organizations to stick to best practices in procurement and buy right products at right price at right time to optimize investment. The company can provide inputs and recommendations relating to the Law Commission, government department and existing/proposed legislations related to procurement of several products, as many products require statutory clearance.
Lotus can help purchase team build consolidation expertise, achieving volume discounts, core competencies and enhance procurement levels at par with international standards.