In part 4 of the Source One video series, Kathleen Jordan completes the discussion on marketing and sourcing with a case study that demonstrates how sourcing can benefit from partnering with a consulting firm to address marketing’s needs.
To cope with increasing market competition among manufacturers, only continuous innovation and better service delivery to the customers can assure success. For both buyer and seller, it is equally important to curb expenses by
In general, there is little recognition of the importance MRO plays in the well being of plant functions especially at the “C” level. In most cases, CHANGE is not even a part of the thinking process because there is little recognition of MRO as a profit contributor. More important, most companies are not sure of what the CHANGE should be; therefore, it is safer to do nothing and work around the inadequacies.
I would go out of my way to trade at Sandy’s. I often used her store as an example of a well-run business in my operations management classes. Many of my students also go there and agreed on my observations.