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  Best Practices: Contracting
Develop Strategic Suppliers

Traditional Best Practice
Strategic suppliers are: Our largest suppliers, or Our longest tenure suppliers, or Our JIT suppliers, or All suppliers  Strategic suppliers are the handful of suppliers who significantly impact our shareholder value because of: Technology End product quality End product competitive cost 
 

Rationale
  • Ensure long-term profits 

Details
Companies should first identify strategic partners and then gradually develop the partnership plan ( who gets what, when) 

Best Practice | Case Study | Commentary



April 7, 2000
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