Developing Good Relationships with Suppliers

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Developing Good Relationships with Suppliers

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3/9/2012

Maintaining and nurturing good relationships with suppliers can be a source of competitive advantage for companies. In this podcast, Raj Arumugam talks with Helen Clegg about the benefits companies can gain from building a robust Supplier Relationship Management (SRM) practice and why companies are targeting SRM to discover the next frontier in value creation. An important part of SRM strategy is supplier development. Raj discusses the main steps in building a supplier development program and the key activities involved.

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