Supplier Relationship: Communication
Not what you're looking for?
The following question is from a discussion in my Quality Assurance course. I don't quite understand it. Can someone explain it?
Mutually beneficial supplier relationships between an organization and its suppliers are interdependent and a mutually beneficial relationship enhances the ability of both to create value for both organizations. The basic success factor in this relationship is communication. Explain why communication is so important.
Purchase this Solution
Solution Summary
This solution explains the importance of communication in supplier relationships. The sources used are also included in the solution.
Solution Preview
Step 1
Communication is so important in supplier relationships because it increases understanding. The supplier needs to understand when the organization will need supplies, where it needs supplies, the quality of supplies, and the price it will receive for its supplies. For example a supplier to Wal-Mart knows exactly the goods it has to ship, when to ship, the price it will receive, and the quality expected.
Step 2
Communication is also important ...
Purchase this Solution
Free BrainMass Quizzes
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.