When a company's highest profit items depend on high-quality inputs such as circuit boards, it is critical to ensure a reliable and high-quality supply. A strategic partnership should be developed with the supplier in such cases. This setting allows for better coordination, long-term commitment, and mutual benefits, ensuring that quality and timely supply are maintained. Unlike other arrangements like vendor-managed inventory or revenue sharing, a strategic partnership focuses on creating a collaborative environment where both parties can align their goals and resources to ensure product quality and availability, which is essential for maintaining high profit margins.