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Related Experiment Videos

BP: developing excellence in the global enterprise.

D Nelson1, R Mayo, P E Moody

  • 1Deere & Company, Moline, Illinois, USA.

Hospital Materiel Management Quarterly
|February 24, 2001
PubMed
Summary
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Leading supply chain organizations leverage continuous improvement to empower their suppliers. This strategy fosters long-term supplier expertise in innovation and quality.

Area of Science:

  • Supply Chain Management
  • Operations Management
  • Business Strategy

Background:

  • World-class organizations recognize the strategic importance of supplier development.
  • Effective supplier management is crucial for competitive advantage.

Purpose of the Study:

  • To highlight the benefits of continuous improvement in the supply base.
  • To examine how supplier development programs enhance supplier capabilities.

Main Methods:

  • Analysis of best practices in supply chain management.
  • Case study insights from leading companies (e.g., Honda, John Deere).

Main Results:

  • Continuous improvement initiatives strengthen supplier performance.
  • Long-term supplier development fosters expertise in suggestion systems, new product development, and quality.

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Conclusions:

  • Investing in supplier strength and expertise yields significant long-term benefits.
  • Supplier development is a key component of successful supply chain strategy.