Manufacturing Industry
Strong supply relationships reduce cost, spark innovation. (A.T. Kearney survey)
Purchasing, January, 1998
An A.T. Kearney survey of more than 450 global senior executives finds that few companies leverage their supplier relationships. However, companies that do make supplier relationships a priority--about one-fourth of those surveyed--are rewarded with better performance. "For many companies, suppliers provide an uncommon opportunity to enhance performance," says Paul Inglis, study director and vice president of the international management consultancy.
"Companies that take time to improve supplier relationships can also negotiate better prices and delivery times. Better supplier relationships create opportunities for both sides to innovate, leading to improved performance." According to A.T. Kearney's 1997 Global Business Study, leading firms attain...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
