How to correlate procurement cost reduction with company profit margins? The procurement are squeezed only when the company's profits are poor? Does procurement need STEM background and highly professional of master's and even higher degrees? Why Procurement could be a profitable center? How should annual cost reduction KPIs be set?

Standardizing cost reduction baselines: A top-down recognized baseline standard for materials, equipment, infrastructure, etc., establishing a rational and compliant starting point. Traceability of cost reduction results: Real-time visibility into cost reduction management performance of procurement organizational, material, supplier, equipment, and factory. Profitability of cost reduction : The cost reduction contribution rate of procurement becomes a mirror, reflecting the management efficiency of other departments.

Purchasing Quantification Practice: Excessive cost reduction, commitment to step-by-step quantification practice results, fast, accurate, stable all-round attack, fighting side by side with the team. Purchasing Data Cockpit: Informationization on top of informationization, precise management anytime and anywhere; the purchasing department in the hands of the company leader Purchasing Intelligent Early Warning Decision System: Deeply explore the value of procurement data, let AI identify risks that humans cannot identify, AI intelligent early warning and assist decision-making, make data auditing intelligent, make procurement decisions based on evidence, and make decisions more practical