Customer requirements and expectations have changed as a result of industry trends, so pursuing quality dimensions important to your customer will lead to better organizational performance, especially if the dimensions aren’t being targeted by other firms.
Tap into innovation. Low-volume programs are the ideal programs to leverage new technologies, processes, and suppliers.
Companies who transition their buy to the US should follow a strategic, repeatable approach to generate the best results when sourcing domestically.
Craft brewers who coordinate purchasing strategies with other local beer makers and stay on top of the spot buy market will reduce the risk of raw material availability and increase their buying power.
These essential elements for smart packaging design provide the necessary framework to efficiently communicate a product’s purpose and how it’s beneficial to the consumer, while simultaneously demonstrating empathy and establishing trust, key drivers of increased satisfaction and long-term loyalty.
Metal fabrication is an art. Understanding a potential metal fabrication supply partner’s capabilities, experience, quality, and costs will put you and your company in the best position to win for the long term.
Understanding the current COQ required to provide the customer with a product or service that meets expectations allows an organization to strategically pinpoint and eliminate waste associated with internal and external failures, resulting in a leaner, more profitable operation.
Supply chain professionals working in Lean Six Sigma environments should make investments in themselves to enhance their knowledge of customer-focused continuous improvement and operational efficiency, ultimately better positioning them to improve their organizations.
If procurement professionals can communicate their message for change effectively, create a sense of urgency, and motivate team members to collaborate, then they will successfully lead the implementation of change for their team, department, or entire organization.
We recently sat down with Stuart Hart, the leading authority on building sustainable strategies for companies, to get his take on ways supply chain can better align with product development to create more sustainable products.
Actionable insights from IndustryStar on ways to expedite, optimize, and de-risk your supply chain operations.