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Third Party Supplier Relationship Management (3 P.L. S.M.S.)

Read the Forbes article, "Risky Business, High Payoffs." Based on the content presented in the article, what is the value to the company and the supplier in developing and implementing a Third Party Supplier Relationship Management System (3 P.L.S.M.S.)?

How can such a system provide greater efficiency? In 200-250 words, describe the value to the organization.

REFERENCE

Emmett, S; (2005). Excellence in warehouse management (1st ed.). West Sussex, England: John Wiley & Sons Ltd. CH 8 and CH 9

Verified Expert

This assignment talks about Third Party Supplier Relationship Management System . Supplier relationship management (SRM) consists of managing and planning constructive interactions with the third-party vendors that supply your business with goods and materials.3PL Central provides supplier management functionality within its warehouse.The complex extended web of relationships with third-party suppliers and vendors is the lifeblood of business. Third-party content related to the supplier might be corporate data or news. This assignment also focused on the Third Party Supplier Relationship Management System. This assignment is prepared in MS word and it is about 250 words

Reference no: EM131514490

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