Lean Procurement and Supply Chain Management: Key to Reducing Costs and Improving Profitability

Lean Procurement and supply chain management is for many companies. It is not just for manufacturers who practice lean management. It is also for non-manufacturers, wholesalers, distributors, retailers and others. During the past few years, companies have focused on supply chain improvements with initiatives centred on operational excellence and cost cutting. But have they worked? In today’s on-demand environment, companies are facing growing challenges around market volatility, costs, long lead times and unpredictable forecasts. Your inventory management decisions can make or break your firm’s financial bottom line. You will find strategies in this book that will let your company meet these daily challenges and optimize working capital efficiency.