What strategies can you use to positively impact your organization's financial performance? If you are responsible for specification and purchasing, the following suggestions from the National Associa..
What strategies can you use to positively impact your organization's financial performance? If you are responsible for specification and purchasing, the following suggestions from the National Association of Purchasing Management, Tempe, Arizona, can serve as a guide. This checklist can help you determine a plan that fits with your company's strategic goals.
Leverage suppliers in product and service development. This area is the "next wave for leading-edge organizations," says NAPM. The leverage aspect of supplier involvement in new product development means that suppliers may contribute knowledge and resources to your product development team that are not available in-house.
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