Processes contributing to the integration of standardization


Problem: Procedures/processes contributing to the integration of standardization and simplification in developing specifications for new products.

1) How these procedures/processes contribute to the more effective and efficient development of these specifications? What is the role of purchasing and supply management professionals in the facilitation of these procedures/processes?

2) How can the use of cross-functional teams benefit the development of new or improve existing products?

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Finance Basics: Processes contributing to the integration of standardization
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