It’s an irony of sorts. Recent M&As have led to consolidation of the telecom industry. However, they have also resulted in a lot of redundant stock keeping unit (SKU) inventory, limiting the synergy value of M&A deals.
One effective solution to optimize SKU inventory is material standardization.
In a new paper — Strategic Sourcing in the Telecom Industry: How Material Standardization Can Help Unlock Savings and Value — GEP’s telecom industry experts discuss how SKU standardization can help achieve inventory reductions, enhanced sourcing leverage and significant cost savings. They also share five key considerations to help you make the most from your material standardization program.
Why Read It:
- Understand the need for SKU standardization
- How strategic sourcing can help standardize materials
- Five key considerations to ensure success of your standardization program
It’s recommended reading for all sourcing and procurement pros in telecom companies looking to enhance savings and value.