Is the era of ‘spot buying’ & ‘transactional suppliers’ over?
Update: 2022-02-16
Description
Stephen and Rick delve into spot buying and the effects this has on carbon reduction, the positive change that Prince’s Food implemented in their supply chain and the pressures that are on buyers.
They also discuss the benefits of transparent supply chains, and Stephen talks about McDonalds open book costing model and why this ensures a fair return for their suppliers.
They explore why the partnership and bond between supplier and brand are key to a more sustainable future together.
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