Maximizing efficiencies and minimizing waste are key components of any successful company, but they’ve become even more imperative with current globalization and economic conditions. Building a supply base that is the right fit for your organization requires supplier rationalization. Learn the key factors to consider as you explore options in optimizing provider numbers.
You’ll learn all about supplier rationalization, including:
Managing a multiple suppliers in a safe, cost-effective way is daunting, especially with so many parties—with so many priorities—involved.
Supplier rationalization allows you to streamline and simplify in ways that fit your contingent labor needs and streamline your operations.
Your HR team, procurement team and everyone else involved become more focused and less stressed. Most important of all, you maximize efficiency and minimize waste.