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Three ways supplier collaboration creates real value for manufacturers

ivalua

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products. This capability is not available in any ERP, but a best-in-class supply chain solution will provide dozens of models for you to shape your usage for the future. Point-of-use data capture.

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Collaboration will drive future sourcing and supplier management success

ivalua

In Greg’s last blog post , he discussed three areas where supplier collaboration is creating value for the manufacturer from product design through demand planning: innovating, costing, and planning. It requires the building of trust and the development of shared goals.

article thumbnail

Three Ways Supplier Collaboration Creates Real Value for Manufacturers

ivalua

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

Going forwards, customer-of-choice behaviors like sharing demand plans, collaborating on cost savings and jointly developing intellectual property are deepening their roots.”. The co-dependency that is increasingly common between suppliers and their customers is gradually eroding out-of-date bullying tactics in purchasing.

article thumbnail

Collaboration Will Drive Future Sourcing and Supplier Management Success

ivalua

In Greg’s last blog post , he discussed three areas where supplier collaboration is creating value for the manufacturer from product design through demand planning: innovating, costing, and planning. It requires the building of trust and the development of shared goals.

article thumbnail

This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management

ivalua

Going forwards, customer-of-choice behaviors like sharing demand plans, collaborating on cost savings and jointly developing intellectual property are deepening their roots.”. The co-dependency that is increasingly common between suppliers and their customers is gradually eroding out-of-date bullying tactics in purchasing.