Planport (PORT)

Procurement is one of the core sectors within the supply chain industry. Procurement involves buying of goods and services that enable organisations to carry out their normal day-to-day activities. As a procurement person, you may be responsible for sourcing raw materials from suppliers globally and bringing them into your organisation. Procurement teams need work with C-level, Finance, engineering team as well as external suppliers for the overall success of the procurement process and they need tools to make sure they get their jobs done well. A company can spend more than 75% of its revenue on purchasing goods and services and not get any value from it. Therefore, procurement plays a very big part in the company’s lifecycle and as such is a complex process. Procurement heads and teams need to navigate through keenly to avoid any costly lapse in the whole process.