Welcome to the latest video on strategic sourcing presented by Innovate Hawaii. This video takes a deep dive into the complexities of Supplier Strategy and Contract Negotiation, highlighting how strategic sourcing can combat the unique challenges that Hawaii manufacturers face due to limited supplier availability and geographical distance from the mainland. Our guide offers comprehensive insights into supplier consolidation, managing multiple suppliers, reducing shipping costs, and improving profitability.
Viewers will gain valuable strategies for identifying and managing multiple suppliers, negotiating contracts, optimizing inventory management, improving production planning, and leveraging bulk purchasing power. This educational module is a must-watch for anyone looking to enhance their supply chain strategy. Don't forget to share this video and engage with us in the comments section below!
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