Corporate

Where’s the Innovation?

Jennifer Baljko’s latest blog got me thinking about supply chain innovation. (See: Fending Off the Budget-Planning Monster.) Her question, “How can they lower supply and materials costs while keeping supplier and customer relationships intact?” is about supply chain. Her comment, “The approaches, however, don’t strike me as particularly novel,” is about innovation. She can’t see […]

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Values Up or Prices Down

The Internet, enabled by cool applications, has brought the process of competitive bidding to an entirely new level. Reverse auctions, for example, have squeezed savings out of suppliers in every situation I am aware of. But it’s getting worse for suppliers. Some companies are using bidding to gauge a supplier’s competitiveness. That may be clever

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