Cost management in fast-moving consumer goods: Procurement best practices
The fast-moving consumer goods (FMCG) sector thrives on high-volume, low-margin products. Effective cost management in procurement is essential to maintain profitability and competitiveness in this fast-paced industry. Strategic procurement practices can unlock significant savings, streamline operations, and create resilience against market fluctuations. Understanding FMCG cost drivers The FMCG industry faces constant pressure from rising raw […]
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