Opportunities for Operational Efficiencies
February 25, 2008
Different products have different costs and lead times. For example, a customer who requires a custom part from a manufacturer on a build to order basis will have different service requirements as compared to a customer who sells a commodity part built to stock. Thus, segmentation of the customers based on their inventory management requirements is necessary.
-Nari Viswanathan, research director at AberdeenGroup