Benefits for organizations that successfully implement supplier relationship management can include

Question

31-05-2021
Business

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Benefits for organizations that successfully implement supplier relationship management can include

Sagot :

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ogorwyne ogorwyne · Answer 1 · 2021-06-01T14:28:30-04:00

Answer:

1. More market speed

2. Reduced costs

3. better and Improved quality

Explanation:

A supplier relationship management can be explained as the process of knowing those suppliers that are really important to the growth of a business and putting into place, a system that would help in the managing of existing relationships with these important suppliers.

Organizations that are able to fully implement such relationships enjoy benefits such as

1. increased speed to the market

such relationships can help to remove delays that are caused by supply chains

2. They enjoy reduced costs

product sampling, contract negotiation, sampling of new suppliers could take a lot of time as well as money. Mistakes could even be made

3. They also enjoy quality items from the suppliers

Sagot :

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