8 Benchmarks in Building an Advantaged Supply Network

1. Do your suppliers have lower operating costs than yours, and do you get low prices from suppliers?
2. Do your suppliers provide you with product or process innovations?
3. Do your suppliers have products and processes of the best quality?
4. Do your suppliers reduce your costs and risk in product launches?
5. Are your suppliers financially healthy?
6. Do you formulate unique plans for each supplier to help you build competitive advantage?
7. Does your supplier base enable you to take advantage of strategic opportunities to manufacture globally?
8. Do you make appropriate investments to reduce operating cost, improve quality, and drive innovation?

Source:
Building the Advantaged Supply Network
by Bill Jackson
strategy+business, Fall 2004

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