10 Strategic Levers in Procurement

10 Strategic Levers in Procurement: How to reduce costs, minimize risks and create value. The global manufacturing industry is facing unprecedented challenges: geopolitical tensions, rising cost pressures, and declining demand have created a complex and volatile business landscape. In the midst of these uncertainties, procurement plays a crucial, yet often overlooked role. In this context, the 'hidden champion' holds substantial potential for cost savings—particularly through strategic management of material costs.