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Article: Purchasing bridges communications gaps in the supply chain.
- Article from:
- Purchasing
- Article date:
- October 15, 2009
CopyrightCOPYRIGHT 2009 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Alan R. Earls
Buyers at coatings makers help leverage the knowledge and capabilities of their suppliers to develop cutting-edge coatings products.
In a business as competitive as the coatings industry, controlling costs is always a critical component in purchasing decisions. However, there is a growing recognition that along with controlling costs, purchasing can also play a role in facilitating knowledge transfer between suppliers and new product development.
Buyers need to be on the lookout for suppliers that are actively looking to engage in deeper relationships. Michael Dutt, global sourcing manager at Wickliffe, Ohio-based Lubrizol ...