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Next Level Supply Management Excellence by Robert Trent, Robert Rudzki

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12 Lean and Supplier Development

12

Lean and Supplier Development

It is always easier to save money in a deflationary period or one of stagflation. Challenges begin to arise during periods of inflation, market share losses, and shifts in exchange rates. How do successful companies challenge themselves and their supply base to generate a continual flow of savings when those savings are hard to come by?

Successful companies understand the value of creating strong relationships with their supply base. Partners go the extra mile for each ...

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