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Using Strategic Sourcing to Alleviate the Recession-related Losses

from Supply Chain Management Review

Few industries know better the pain of a lack of consumer confidence like retail. Even with statistics telling us the recovery is under way, retailers are cautious, and they should be. In addition to circling the wagons, however, there is an opportunity here to redesign the retail sourcing strategy, according to Alan Pincus and Kristie Tippner of Kurt Salmon Associates. Not only will this help the industry survive, but it will give retailers a solid plan for growth after the recession is truly over. more

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