Supply Management

Constraints Management

March 03, 2011  |   Posted by :  



As we move quickly out of recession, many companies find themselves unable to meet excessive customer demand due to constraints within their own value stream. This limitation ultimately means lost revenues, reduced contribution margin and even lost market share. Constraints are ...

Cost Value Analysis

February 03, 2011  |   Posted by :  



Cost Value Analysis (CVA) is an effective way to reduce the costs of a business’ own products by evaluating all cost aspects of a product or service to determine if cost-improvement opportunities are available. In other words: Are individual material / components ...

Raw Material Increase

February 03, 2011  |   Posted by :  



Raw Material Increase (RMI) allows the partners in a sourcing agreement to regularly review the “market cost” of a specific raw material, which is used in the manufacturing of the sourced component. RMI is a cost reduction process, which applies to ...

Supplier Suggestion Program

December 02, 2010  |   Posted by :  



One of the most effective ways to improve the cost structure of materials management is to implement a supplier suggestion program. This best practice can be implemented effectively in any organization where purchased goods and services play a role. The ...

Claim Management

December 02, 2010  |   Posted by :  



Claim Management is a critical aspect of business for companies involved in providing bespoke or purpose built goods and services. It also applies to companies selling standard goods and services, but to a lesser extent. Effective management of customer or ...

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