How Accurate Product Classification Can Save Millions on MRO & Indirect Materials
When it comes to the strategic sourcing and procurement of MRO & Indirect Materials, accurate Product Classification plays a critical role in the ability to analyze, consolidate, and leverage spend. With detailed Product Classification codes and descriptions assigned to each material record, procurement can easily compile and tender MRO & Indirect spend by product group, enabling purchase price reductions, volume rebates, and inventory optimization, among other cost savings a
