When Does A Five Cent Part Cost You A Million
Procurement Insights
NOVEMBER 15, 2023
Based on my research – including feedback from practitioners, here are the three main challenges manufacturers face today : Data Accuracy regarding evolving PO information and final reconciliation, including the negative impact on supplier relationships, e.g., DPOs/DSOs. Overcoming Supplier Resistance to Adoption – forcing the supplier to adopt a different system, e.g., focusing on “supplier adoptability” versus “supplier adaptability.” Strategic Provider Partnering
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