What are the underlying drivers of Lumus?
Today, buyers are exposed to a myriad of unknown suppliers. The globalisation of the economy and the Internet has left buyers with endless supplier options, but little efforts are being made to provide them with an objective mechanism to assist them in selecting the most suitable one. Because buyers have no way of knowing which supplier to choose, they often end up with merchants that are not suitable for their specific requirements. In addition to this, companies who compete as an integrated supply chain, rather than a single organisation, are on the increase, making the performance of the entire supply chain a crucial element of concern.