There are some wonderful acronyms applied to goal setting. Here is one. It’s the BHAG – the Big Hairy Audacious Goal! A BHAG is one that really stretches you to think differently about your value chains. It’s the goal that’s going to help you transform the way you work with suppliers, rather than being satisfied with incremental change. So, the question is how to set SRM goals that fit into the BHAG category

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Supplier Relationship Management – The Three Steps to Setting Audacious Supplier Goals