Critical Success Factors
Having seen AIM & DRIVE strategies applied at tens of companies over nearly seventeen years, it is clear that the success of a program like this depends on many factors. Here are a few tips on how to make this succeed at your company.
Success Factor #1: Top Management Support and Participation
There is no way around this. If top management is not willing to commit to a process of collaboration to achieve breakthrough cost solutions, you might as well not begin the effort. When I talk about support I do not mean lip service. A strong statement has to be made by the CEO, CFO, and the Chief Procurement Officer or Vice President of Supply Chain. This statement should be directed to the various stakeholders and category ...
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