thumb_valuechainLarge manufacturing companies seeking to increase their profitability often turn to value chain management to find ways to increase their revenue, reduce costs, gain efficiencies, and alike.  A critical pre-requisite for optimizing value chain management involves analyzing the materials, processes and capabilities of key suppliers.  Gaining an in depth understanding of your suppliers' business strategies, decision making processes and competitors allows you to evaluate their potential impact on your profitability and develop strategies and relationships to achieve financial success.

Published in Value Chain
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