ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Forms of developing relationships with suppliers by buying regularly This kind of relationship is discussed in various matters called Regular Trading.
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cheap
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wrong
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Supplier relationship management (SRM) is a business initiative that many companies undertake to build mutually beneficial relationships with suppliers. Well-designed SRM programs help companies to increase collaboration by identifying the right suppliers with whom to partner.
Detailed explanation-2: -Make sure you address any challenges and concerns with your suppliers. Clear and consistent communication. Seek to provide and receive open, honest feedback. Never overpromise your suppliers. Be fair with your suppliers. More items
There is 1 question to complete.