Suppliers’ Relationship Portfolio: Frameworks and Models

After examining how Supplier Relationship Management (SRM) can be a competitive advantage for the company in a previous post, this post will critically evaluate three framework and models that can be used to manage the suppliers' relationships in a supply chain. Normally, a company does not have one supplier; it has different suppliers for which … Continue reading Suppliers’ Relationship Portfolio: Frameworks and Models

The Role of Suppliers’ Relationship Management in Supply Chain Competiveness

An anonymous quote says: "Supply chain is like nature, it is all around us". Nearly any discussion of a company's strategy and business improvement is combined with addressing the effectiveness and efficiency of its supply chain. Supply Chain Management (SCM) can be defined as: "A set of three or more entities (organizations or individuals) directly … Continue reading The Role of Suppliers’ Relationship Management in Supply Chain Competiveness