Driving supply chain improvement is critical to continued business success, so follow these five steps to keep your company on the path toward supply chain excellence.
Procurement departments should clearly define a mutually agreed upon approach to calculating cost avoidance with other departments such as finance and corporate leadership to fully realize its value.
The supply chain becomes exponentially complex as production volumes grow, so we recommend following these four steps when increasing production from low to mid volume.
Engaging your supply chain team earlier in the new product development process to help lead design decisions will help reduce your product’s cost, timing and risk.
In a world where it’s difficult to predict project outcomes, it pays to have a diverse project portfolio to offset projects that end up underperforming expectations.