Manufacturing Industry
Suppliers go the distance for Schneider Electric: strategies have competitors scratching their heads. (Strategic Sourcing).(Brief Article)
Purchasing, July, 2002 by Avery, Susan
Every three months, corporate commodity managers and purchasing directors at Schneider Electric North America (SENA) get together for an intense brainstorming session: They thoroughly re-examine their commodity strategies and look for competitive advantages. "You've never experienced anything like it," says Vic Venettozzi, vice president, purchasing & real estate, SENA. "We've got the best buyers in the business. Out of these sessions come the purchasing strategies that have our competitors scratching their heads."
The commodity managers have responsibility for developing a supply base by design for their respective commodities. To manage their supply bases, commodity managers have at their disposal an arsenal of purchasing tools and processes such as...
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