Jimmy Anklesaria

Jimmy Anklesaria heads up Anklesaria Group, a consulting and training firm that specializes in cost management strategies.

Identifying critical costs in the supply chain

Companies need to stop beating down suppliers on costs and collaborate with them to control costs for both parties, says Jimmy Anklesaria in his book, Supply Chain Cost Management: The AIM & DRIVE Process for Achieving Extraordinary Results . In this excerpt, he explains how companies can get this process going. The most important steps include understanding how suppliers price their products and identifying suppliers' critical supply chain costs.