Make strong supplier relationships a priority.
Canadian Manager › Vol. 24 Nbr. 1, March 1999
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Summary
Supplier relationship enhancement establishes business opportunities for better corporate performance. Companies prioritizing supplier relationship improve their financial performance with better price negotiation and delivery times. The most significant principle in establishing supplier relationship is the development of joint objectives that meet business goals. The focus on customer satisfaction compels corporations to improve their business strategies.
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Make strong supplier relationships a priority.
Companies that make supplier relationships a priority are rewarded with better financial performance and greater customer satisfaction. But only one-fourth of the 450 companies surveyed around the world are actually taking advantage of...
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