Rethink the importance of supply change management

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Reference no: EM131718448

Relationships with suppliers have become critical to the success of businesses competing in the global market. Lateral integration, the free flow of information, and the formation of collaborative partnerships with suppliers have become key steps for improving performance; however, leaders must consider the ethical and social change impact for forming global partnerships. By Day 3 Post an analysis of the role of an organizational sourcing strategy, including relationship management, to promote competitive advantage. In your analysis, address the following:

• What changes are causing leaders to rethink the importance of supply change management to ensure they create or sustain the competitive advantage?

• How might a leader ensure the agility of his or her supply chain to create or sustain the competitive advantage?

• As a leader outsourcing an aspect of your business or operational function, what ethical and social change considerations would you incorporate to ensure an effective relationship with your supplier?

Reference no: EM131718448

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