Economic Recovery Continues in 2010: Institute for Supply Management
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Non-Manufacturing
Responding to a special question regarding supply chain improvements in 2010, 62 percent of respondents stated that they plan to take steps during the coming year to improve their supply chain management practices.
The five most frequently cited approaches are listed below:
• Strategic sourcing
• Product rationalization/demand management
• Supplier consolidation
• Improved inventory/asset management
• Spend analysis/consolidation
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