The Future Of Purchasing And Supply: Elevating Relationships
- Topics:
- Growth
- Tags:
- Business Operations,
- Software,
- Relationship Management,
- Outsourcing & Subcontracting,
- Outsourcing,
- Marketing,
- Management,
- It Operations,
- Institute For Supply Management,
- Enterprise Software,
- ...
- Source:
- Institute for Supply Management
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Overview: There will be increasing focus on relationships, with both suppliers and customers, because of increasing global competitiveness, limited resources, and the need to maintain flexibility. The focus of relationship management will be on trust building, communication, joint efforts, and planning, and fostering interdependency will be increasingly studied and managed to achieve competitive advantage. Transaction processing will be minimized with considerable tactical/non-core competency purchasing-related activities outsource to full-service third parties. The paper also presents some more aspects of relationship management.
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Format: HTML | Date: Feb 2000 | Pages: 1
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