Remove Collaborations Remove Management Remove Reduced Overhead Remove Strategic Sourcing
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The Rediscovery of Keiretsu: Vertically Integrated Partnerships with Your Supply Base

Future of Sourcing

As we have entered the realm of friction-based supplier relationships, the time has come to reinvigorate leading practices from Keiretsu through an improved alignment and external vertical integration with your critical suppliers, says Tyler Higgins, Managing Director of AArete. Sometimes the best ideas come from your most trusted partners.

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11 Cost Reduction Strategies in Procurement

Obobo

With these proven strategies, you can reduce your costs and ensure every penny counts in your business. However, managing procurement can be costly, and costs can add up quickly. Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing.