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Partner with suppliers to smooth out price fluctuations.

Authors :
Atkinson, William
Source :
Purchasing; 8/17/2006 Chemicals, Vol. 135 Issue 11, p24-24, 1p
Publication Year :
2006

Abstract

The article deals with the efforts of Ronald Wright, integrated product development and subcontract manager for Hamilton Sundstrand, to maintain consistency in pricing. Wright implemented a supplier partnering strategy with a selected number of chemical suppliers. He met with the suppliers and reviewed the historical price variations and averages of each of the commodities.

Details

Language :
English
ISSN :
00334448
Volume :
135
Issue :
11
Database :
Supplemental Index
Journal :
Purchasing
Publication Type :
Periodical
Accession number :
22058240