Like many manufacturers, you may feel you are paying fair prices to your suppliers. Maybe you have a strong procurement team, great relationships with your vendors and suppliers, and your team spot-checks prices. Your finance staff may do a great job of tracking data and reporting trends and anomalies. But how do you really know if you are getting the best possible price? Maybe you review your health insurance every year because it can represent a significant portion of your operating expenses, and it often fluctuates from year to year. While it’s true that there are few ways in which most
