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Can Purchasing Deliver without Buyer Cost Objectives?

As a long time believer in buyer cost objectives, Jeoff Burris was rattled when he heard that some major manufacturers were doing away with buyer cost objectives. At the recent CAR Management Briefing Seminar, announcements were made that FCA would not have individual cost savings goals in 2016. GM and Toyota responded stating their buyers also did not have specific cost reduction goals. Read about the thought process behind organizational processes and results and how they mesh with individual cost reduction goals.

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