Advantages of mutually beneficial relationship with supplier

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Reference no: EM131718476

In many industries, the advantages of a Mutually Beneficial relationships with supplier are often considered keys elements to world class quality, however in practice, rarely does a "true supplier partnership" exist.

Can you present an example of a company (either from experience or research) that truly has a supplier partnership program? Additionally, define what a true supplier partnership really means (i.e. sharing of cost savings, resources or just mere relations between customer and supplier).

Reference no: EM131718476

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