Shop-floor detection
13 September 2012
For purchasers, touring a supplier's plant can reveal opportunities for both sides to make savings. As Andy Sutton explains, all it needs is for someone to make the right inquiries. It's elementary...
Why are so many companies missing out on possible savings with their suppliers?
It's because their procurement strategies are misguided.
The most crucial element of any cost-optimisation programme is finding out what is happening on a supplier's shop floor. But a recent survey of 162 top managers, commissioned by Bain...