This chart depicts the New Product Introduction process on the Buy Side. This process consists of at least these steps. [ list the steps]
The eopportunities along this process relate to:
developing new suppliers that provide cheaper or higher-quality material or faster lead times
developing tighter relationships with existing and new suppliers
collaborating with suppliers to develop, engineer, test and deliver new products to the market.
Buzz Electronics considered all the opportunities and selected the two opportunities highlighted in red here to their list. Brief opportunity descriptions are in the Handout.