The Value of Strategic Purchasing to SME’s within the Health Technology Industry

18th March 2013

The Medical Device industry is a heavily regulated, heavily burdened industry and this tends to put costs up. Large companies tend to a) accept this additional cost and b) afford to ‘invest’ in Strategic Purchasing (category management, low cost sourcing, Supply chain restructuring, Supplier Relationship Management (SRM) etc). This leaves a large gap for SME’s where due to increasing pressure from low cost imports, and rising commodity prices they have a need to drive cost out of their businesses.

Please click on the link below to read the updated version of a report that was written by Lime’s Purchasing Consultant Lee Robinson in 2010. We think you’ll agree that very little has changed regarding the principles of strategic purchasing.

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