The future of procurement

In today’s ever-changing landscape, when supply chains are under strain and markets are volatile, procurement has come under the spotlight. The role of the procurement leader is no longer simply process governance and operational efficiency. Instead, procurement and supply professionals are asked to solve critical business problems – and take a more strategic approach to supply chain management.

We arm procurement leaders with the tools and insights they need to create supply chain efficiency, transparency and reliability. Read on to find out more about how we can help you to mitigate risks and maximise the value you bring to your partnership with the CEO.

With Fastmarkets you can:

• Find and vet new suppliers
• Overcome supply chain opacity and secure raw material supply
• Get access to commodity supply and demand outlooks to forecast costs and guide procurement strategies
• Understand how the price of raw materials is impacting prices
• Stay informed on raw material pricing mechanisms and benchmarks
• Get access to historical price, supply and demand data for informed negotiations with suppliers
• Build and maintain knowledge of global markets, competitors and innovations
• Access expertise on commodity risk management

Fastmarkets is proud to be an Official Knowledge partner with Chartered Institute of Procurement & Supply (CIPS).