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Tuesday, November 11, 2014

Stats and information on why SMEs add a greater return on buying operations ... even on a global scale.

Thanks to Procurement Leaders blog for this insightful article on SMEs (Small Minority Enterprises):

"[SMEs] open up opportunities in terms of access to innovations, which can help boost market share while, importantly for procurement, they have also been proven to deliver a greater return on purchasing activities.

Research by The Hackett Group found that those companies who have an established supplier diversity programme in place tend to generate a 133% greater return on their buying operations than those that don’t."

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