BMW Group’s Procurement from Korean Suppliers Surpasses Sales Figures in 2023 [From TechGolly]

BMW Group Korea announced on Monday that its global spending on parts sourced from Korean suppliers in 2023 amounted to approximately 6.53 trillion won ($4.72 billion), exceeding its sales figures within the country for the same year. The global group’s procurement from Korean suppliers increased significantly by 25 percent compared to the previous year, surpassing the Korean branch’s sales revenue of around 6.10 trillion won in 2023.

Read More: BMW Group’s Procurement from Korean Suppliers Surpasses Sales Figures in 2023

NOTICE: Visit TechGolly.com to stay informed about technology news, discussions, trends, advice, opinions, directories, markets, Investment Potential, insights, facts and views, insightful analysis, tech observation, and wisdom reflections. TechGolly covers a wide range of the latest technology news, including business news, product news, stock market news, future tech news, and research news. In addition, visit SoftwareAnalytic.com for software reviews, vendor reviews, software in-depth, and opinions. SoftwareAnalytic covers various software, including Accounting Practice Management, Business intelligence, Customer Relationship Management, Cyber Security Solutions, Data Management Platforms, Data Visualization Tools, Enterprise resource planning, Governance, Risk & Compliance, Human Resource Management, Sales Intelligence, Subscription Management, and Supply Chain & Logistics.