DuPont Analysis in Procurement Process
Procurement is an essential function of any organization, and it involves the acquisition of goods and services from external sources. Procurement is a crucial process that involves making decisions on what to buy, how much to buy, and from whom to buy. Effective procurement involves careful analysis of various factors, including the financial health of potential suppliers. In this regard, the DuPont analysis provides an excellent tool for evaluating the financial performance of suppliers and making informed procurement decisions.