Unlocking procurement savings through Redesign to Cost

Magazine Article, Source : The Manufacturer
Zone : Supply chain and Logistics
Published : November 2009

Tim Slorick of procurement and operations consultancy K Consulting presents a way to unlock cash through a procurement savings model called Redesign to Cost.

What is the relationship between your procurement team and your technical, R&D or engineering department? If it is an arm’s length, servicebased relationship, namely one where a specification is drawn up by the technical team and is then ‘thrown over...

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