Competitive Advantage through
Supplier Management Framework

A Step-by-Step Guide for Supplier Management


Managing Suppliers can be either a chaotic, ad hoc process or a well-defined, organized process. Given the complexity of most sourcing arrangements, it is in the best interest of both company and supplier to plan and implement clearly defined Supplier Management processes, pre-defined agreements for managing and adminstering contract terms, and quantifiable measures for success. This article served as a framework from which an organization can begin to define their specific Supplier Management needs.

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