6.1 Purchasing powerManagingSuppliersSpeaking:Part2Incostmanagement,efficiencyofproductionisanimportantaspecttoconsider.Whenintroducingaproductionline,itisimportant to consult an ergonomics expert and see that it'suser-friendlyandwill not causetoo muchphysical stressandstrain.Meanwhile,workers shouldgetfully-trainedtoworkmoreefficientlyontheline.Itisalso importanttocut downthecostofraw materials,astoalargeextent, ithelpstodeterminetheproductprices.Cost-consciouscompaniesalwaysseektoworkwithgoodsupplierswho can offer qualityraw materials withreasonable prices.Lowqualitymaterials fromsuppliersare actuallya wasteofmoney.Measuresshould alsobetakentoeliminatewaste.Ontopofthat,management shoulddevelopgoodbenefitssystemtoboostthemoraleoftheworkers
6.1 Purchasing power Managing Suppliers In cost management, efficiency of production is an important aspect to consider. When introducing a production line, it is important to consult an ergonomics expert and see that it's user-friendly and will not cause too much physical stress and strain. Meanwhile, workers should get fully-trained to work more efficiently on the line. It is also important to cut down the cost of raw materials, as to a large extent, it helps to determine the product prices. Costconscious companies always seek to work with good suppliers who can offer quality raw materials with reasonable prices. Low quality materials from suppliers are actually a waste of money. Measures should also be taken to eliminate waste. On top of that, management should develop good benefits system to boost the morale of the workers. Speaking: Part2
6.1 Purchasing powerManagingSuppliersReadingHowthesupermarket aresqueezingtheirsuppliers?Answers1out6into2their7as3that8such9this4which5than10may/mightMeasurestoprotectsuppliersPossibleanswersThegovernmentcould legislatetofixpaymenttermsbetweensuppliersandthesupermarketsThesuppliers couldformanallianceandthreatennotto supply the supermarkets untiltheyimprovetheirpaymentterms.Suppliers and consumerassociations couldgeneratebadpublicityforthesupermarketsaboutthissituation
6.1 Purchasing power Managing Suppliers Reading Measures to protect suppliers How the supermarket are squeezing their suppliers?