Evaluating Your FAK: Identify the Flaws in Your Pricing Program
Maybe less than you think. If it's been awhile since you last reviewed it, your FAK could be costing you extra.
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FAK agreements are one way to streamline your supply chain for both savings and efficiency. A successful, strategic FAK means finding a balance that is right for your company’s situation.
- Understand industry influences that can affect your agreement
- Correct internal flaws that may lead to FAK failure
- Follow five steps to develop a more successful FAK strategy
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From the November 2016 Issue
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