Smart Spending for SMEs

And other opportunities for improvement. Whether you are a growing small or medium size business or a start-up, you will be feeling the impact of rising costs and pressure on cash flow. This leads us to consider where and how we can make cost savings and how we can extract more value from our suppliers. Companies find themselves at a disadvantage in the market if their input costs are higher than their competitors. All organizations, whether large or small, emerging or mature, have some potential for making savings through improvement in its procurement processes. Small and medium size enterprises often experience growth spurts at which point all efforts are focused on sales and operations.

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