performance measurement Content

What is Procurement Technology? FMC Technologies’ Top-Down/Bottoms-Up Approach

FMC’s procurement leadership team sees one reason behind their successful technology rollout as the combination of their solution approach (i.e., locking down the structure) and their localized bottoms-up approach to content. In other words, ensuring that each region’s reporting and tracking needs are addressed. Moreover, the highly configured and customized deployment approaches recognize the unique aspects of FMC Technologies’ business, including the difficulty of introducing new suppliers (i.e., they rarely switch suppliers).