It can be difficult
to organize the supply chain function in a way that will maximize its
effectiveness and bring commensurate benefits to the company. Some companies
are best served by embedding proficient supply chain management professionals
in various business units. For others, a more centralized operation is most
effective. Many of the progressive companies we have worked with, however, have
adopted a hybrid approach that combines a centralized strategy to gain
consensus with decentralized execution to improve service.
Tuesday 21 June 2016
Monday 20 June 2016
3 Easy Steps to Support Cost Reduction Efforts
Managing costs with limited resources poses a
particularly difficult challenge to corporate procurement leaders. The more
resource-constrained a procurement department, the more likely it is that the
overall business may be sensitive to cost. However, a lack of procurement
resources can make it even more difficult to achieve tangible cost savings,
given shrinking buying power, inability to invest in spend analytics, or for
other reasons.
Here are three suggestions to help those who find
themselves in such circumstances:
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