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Listening to Suppliers Can Be the Difference Between Success and Failure

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Tags: Benchmarking, collaboration, Innovation, procurement, Transportation and logistics
Uploaded by: lletke
Description: If procurement doesn’t act as a pipeline for innovation coming from the supply base, a business can die. Or how about another way – if procurement doesn’t listen to suppliers warnings, it can be painfully slow to jump when cracks start to form in the market. When you look at companies that failed, you have to ask: did they listen to suppliers? Source: Procurement Leaders