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About Supply Base Optimization
This document outlines 4 steps to optimize a company's supply base: 1. Analyze supplier spend, capabilities, and performance to identify rationalization opportunities. 2. Create a project plan, transition plan, and communication strategy. 3. First rationalize the supply base by eliminating inactive or low-spend suppliers. 4. Execute the optimization plan by focusing on high-performing suppliers and transitioning away from low-performing ones. Implementing these steps can help reduce costs and disruption while improving supply performance.
Detailed Information
| Author: | ['Aditya Kapoor'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 4 |
| Language: | English |
| Format: | |
| Price: | FREE |
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