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REDUCING COSTS – LOWER PRICES VERSUS LOWER INVENTORY

When faced with a need to reduce costs, the first thought of many purchasing staff is to target the prices paid to suppliers. Whilst this might have some short term benefits in times of a buyer’s...

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Supply Chain Performance

As recently as today I have been asked to define Supply Chain Management for people that still do not really understand what it is and what I do as a supply chain management consultant, so for their...

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