Do you know what your Customers Need? Then what are you buying? A recent survey of procurement professionals conducted by NLPA revealed the need to understand the dynamics of customer requirements. It is important to note that organizations exist to create value for their customers and shareholders. With that said how many of us are focusing our procurement activities and…
All organizations have supply chains with varying degrees of complexity and opportunities for value creation, cost reduction, and visibility and innovation enhancement. Organizations can leverage the DARE Model to identify where in their supply chain systems opportunities for enhanced profitability, innovation, and cost reduction can be targeted. The DARE Model enables the removal or reduction of systemic waste, non-value-add elements,…