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May 2014

The Benefits of Early Supplier Engagement

05-19-2014

Identifying unique solutions early in the development process introduces opportunities for both cost and time reductions.

As many organizations face increasing competition, the pressure to introduce innovative customer solutions also increases. This pressure creates an urgency to accelerate technical development, shorten product life cycles, reduce lead times and improve response times. Simply stated, heightened competition creates an increasingly compressed timeline for producing innovative products....