Supply Chain Cost Management: The AIM & DRIVE® Process for Achieving Extraordinary Results

Demonstrating Leadership in the Supply Chain

Most companies in the supply chain are reluctant to talk about costs. One reason may be that most of them do not truly understand their costs. That’s quite understandable as we saw earlier in the introduction. It takes a leader to bring the chain together. That leader must be a company that is willing to share the idea of a supply chain that joins together to write and implement cost management strategies, without getting into the hidden secrets of one another. Remember, in developing a cost management strategy you do not have to share detailed cost data, but you must show a willingness to share relevant information and work toward a common goal of reducing both supplier and customer costs.

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