Create good relationships with suppliers

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Question

The ability of supply managers to create good relationships with suppliers is essential to them acquiring supplies for their organization in a timely manner. You would assume that since everyone wants to make money, suppliers would automatically provide supply managers with what they need as quickly as possible, but this is not always the case. Suppliers could be overwhelmed with customers or have more demand for a product than supply. In this case, they have more leverage to do as they please with their supplies because they know that there is always a demand for their product. To prevent being left on the back burner, supply managers must develop good, cooperative and collaborative relationships and prevent counter-productive and sometimes competitive relationships.

Reference no: EM133662873

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