Thanks! You've successfully subscribed to the BONEZONE®/OMTEC® Monthly eNewsletter!

Please take a moment to tell us more about yourself and help us keep unwanted emails out of your inbox.

Choose one or more mailing lists:
BONEZONE/OMTEC Monthly eNewsletter
OMTEC Conference Updates
Advertising/Sponsorship Opportunities
Exhibiting Opportunities
* Indicates a required field.

Reducing Costs in the Supply Base

Can supply management be assured that the response will be the same as if the question were asked of the strategic personnel? Any changes observed by the tactical professionals need to be communicated to and discussed with the strategic people.

Addressing the above issues has to be the focal starting point before specific tools and techniques can be developed and implemented. Following this step, a methodology needs to developed including research and learning, understanding the key components of a “fair and reasonable price” and using metrics to assure that the information developed is accurate and competitive. The goal is to enable a customer/supplier to be more competitive in the future. It is important to recognize that this process is continuous and not static, particularly as the economic conditions and technologies change globally

Dr. Russell Morey is Professor Emeritus of Supply Chain Management at Western Illinois University. He received his Ph.D. from the University of Nebraska in 1973, C.P.M. in 1976 and CPSM in 2009, and has had a 44-year career in business and higher education. Dr. Morey is currently the President of Morey & Associates and has conducted training programs for more than 35 Fortune 500 Corporations in Brazil, Canada, China, England, Germany, Mexico and the U.S. He has published numerous articles and cases, and has given presentations at various regional, national and international conferences. Dr. Morey has received more than 100 awards and certificates of achievement for his contributions to education and the supply management profession and has been listed in numerous Who’s Whopublications throughout his career. He specializes in cost negotiations and professional certification training and has served on numerous local, regional and national professional committees throughout his career. He can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it..

Morey & Associates
309-833-1302 (phone)

OMTEC 2010 Speaker

Dr. Morey presented a Workshop entitled “Supply Chain Management Issues: Integrating Strategic and Tactical Activities” on Thursday, June 17 at OMTEC 2010 in Chicago. Attendees obtained these tools:

  • Useful elements of supply chain management leadership
  • How to respond to supplier questions
  • Websites for the strategic supply management professional
  • Tactical indicators of a financially troubled supplier

A detailed abstract of Dr. Morey's Workshop and his presentation files are available online.

4 COMMENTS

Security code
Refresh