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costs

Reduce Costs: Invest In Talent

By | Supply Chain Leadership, Supply Chain Talent | 2 Comments

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. Labor is an important input with 50-60% of company employees reporting through supply chain organizations. Is talent a cost or an asset? Most companies say employees are an asset, but treat it as a cost. Today, with companies having a keen-focus on costs, talent development often takes a back seat. In this post I argue…

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