Even Your 'Vendors' Might Help You Be Competitive | SupplyChainBrain

Even Your 'Vendors' Might Help You Be Competitive

Inside Supply Management

December 19, 2007

Considering that many times, 50 percent or more of the corporate budget is expended on suppliers, suppliers represent one of the most influential means of creating value and competitive advantage. However, because suppliers have traditionally been seen as "vendors," their potential as innovation partners has often been overlooked, and thus undervalued.
Source: Inside Supply Management, http://www.ism.ws

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