Ensure that supply management staff are placed in key executive positions Maintain close customer - supplier communications, especially around sensitive issues such as new products launches and forecasts for raw material prices Use simple systems to better understand your own business costs and optimize spending wherever possible In today's highly competitive, often crushing manufacturing environment, where thousands of companies teeter on the brink of extinction, you'll be relieved to learn that there's a better path to achieving financial health than the one-shot payoffs of reengineering, kaizen, and ERP computer systems. By simply implementing this book's powerful Spend Management strategy and Best Practices, you'll reap guaranteed annual savings. In "The Incredible Payback" you'll discover: 10 pitfalls that can limit a supply chain's contribution to profit and growth, including poor organizational structure and faulty data. 4 building blocks to establishing strong supplier partnerships where design and manufacturing processes are shared - and cost saving opportunities are optimized The 7 steps to delivering cash results through strategic sourcing Dozens of new software innovations to help you move from traditional procurement to Incredible Payback supply chains 191 metrics for gauging the health of your supply chain, plus guidelines for determining which will work best for you
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