Centralized or Decentralized Inventory Management

No One Size Fits All

To centralize or not to centralize your procurement operations? That is the question. For large and rapidly growing organizations, it takes an abundance of resources and advanced tools to operate at a peak level. Ensuring efficiency comes down to one key factor: your ability to obtain what you need while minimizing spend.

If efficiency is not the cornerstone of your procurement efforts, your organization’s bottom line will be impacted. No wonder, then, that many businesses are carefully considering the centralization of inventory management. After all, the rewards of centralization are ample: assuming greater control over the various buying processes, increased visibility and transparency and a streamlined purchasing process. But centralizing procurement is not a magic wand and it may not be right for every operational strategy.

Before you embrace a centralization structure, you need to gain a clear understanding of your long-term goals, your key hurdles, and the work that lies ahead. The first question any organization needs to ask before proceeding is, “How much better would our organization be if we had the capability of maintaining better control over procurement operations and inventory management?”

Connect

Discover where and when to connect with Reveal at upcoming webinars and industry events.

Can an Agile Supply Chain Help With Our Digital S/4HANA Journey

November 17, 2021
11:00 am
CST
With
Martin Rowan
Register

MasterClass SAP Supply Chain Bootcamp - Live

Feb 2, 2022
Feb 4, 2022
TBD
Register

How an Agile Supply Chain Can Help Increase Operational Excellence

August 18, 2021
11:00 am
CST
With
David Carroll
Register

MasterClass SAP Supply Chain Bootcamp - Virtual

Dec 13, 2021
Dec 15, 2021
Register
No items found.
Oct 25, 2021
Oct 27, 2021
Orlando, FL

Gartner Supply Chain Symposium Xpo 2021

Find out more

Learn More

Sign-up to receive our white papers, webinar reminders and industry specific news.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.