The Tax-efficient Supply Chain Part II: Tax-efficient Procurement
From a supply chain perspective, companies in every industry should seek to move their procurement function from a transaction-based burden into a strategic tool capable of delivering significant sustainable competitive advantage.
Companies that want to create superior supply chain efficiencies have to do what their competitors are not doing: effectively integrate tax planning with procurement.
About the Authors: Giles Sutton, J.D., LL.M., is a Partner in Grant Thornton LLP's State and Local Tax practice assigned to the Firm's National Tax Office. The author can be reached via email at: giles.sutton@gt.com. Michael D'Addio is an Executive Director in the firm's State and Local Tax practice in Chicago, concentrating on tax-efficient procurement and serving the transportation industries. He can be reached at: mike.daddio@gt.com. The views expressed in this article are those of the authors and do not necessarily reflect the views of any organization or firm with which the authors are associated.
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