Sometimes, waiting even just a few days for a customer’s check can impair your company’s ability to secure premium purchasing rates from your own vendors.
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Tags: accounts receivable, customer, factor, invoice, vendor
The same supply chain tactics that make your company lean and profitable can become your downfall in just the blink of an eye.
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Tags: credit, customer, lean, production, risk management, suppliers, supply chain
When your supply chain operation is already playing it close to the vest, the last thing you need is for one (or more) of your critical suppliers to pull the rug out from under you.
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Tags: contract, customer, parts, product, supplier, supplies, supply chain
Goal-setting is usually is a key element of sound business practices. So it figures that much of what you do is about aiming for and fulfilling goals, from your budget to on-time deliveries to customer satisfaction.
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Tags: budget, customer, deliveries, metrics, procurement, purchasing, suppliers
Sure, you partner with suppliers. Doesn’t everybody? But you might be surprised — there’s not as much partnering going on as you might think.
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The latest word is in from top finance professionals, and it’s not good.
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Tags: CFO, customer, forecast, supply chain
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A basic 1-2-3 formula can boost supply chain efficiency to new heights.
Tags: customer, inventory, supplier, supply chain, vendor managed inventory, vendors
Pause for a moment before you hit Send for the “humorous” e-mail you’re passing along
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Tags: communication, customer, e-mail, vendor
