Which practice's purpose includes creating closer, more collaborative relationships?
Which practice's purpose includes creating closer, more collaborative relationships?
Supplier management aims to ensure that suppliers and their performance are managed effectively to support the delivery of quality products and services. This practice often involves creating closer, more collaborative relationships with key suppliers to uncover and realize new value, and to reduce the risk of supplier-related failures.
Correct answer A: The purpose of the supplier management practice is to ensure that the organization’s suppliers and their performances are managed appropriately to support the seamless provision of quality products and services. This includes creating closer, more collaborative relationships with key suppliers to uncover and realize new value and reduce the risk of failure.