Explain the reasons that Mosetsana Pads can provide for engaging in supplier development. Use practical examples relating to their business to substantiate. Reasons : To improve supplier capabilities and enable them to provide better quality and timely delivery • To work towards the reduction of cost for both parties • To work toward gearing the supplier to be able to supply to the buying organisation in line with innovation in sourcing, the buyer's procurement targets and sustainable development objectives • To increase the supplier's profitability as an extension of the benefits delivered to their customers (buying organisation)
Explain the reasons that Mosetsana Pads can provide for engaging in supplier development. Use practical examples relating to their business to substantiate. Reasons : To improve supplier capabilities and enable them to provide better quality and timely delivery • To work towards the reduction of cost for both parties • To work toward gearing the supplier to be able to supply to the buying organisation in line with innovation in sourcing, the buyer's procurement targets and sustainable development objectives • To increase the supplier's profitability as an extension of the benefits delivered to their customers (buying organisation)
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
Section: Chapter Questions
Problem 10EE
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Question
Explain the reasons that Mosetsana Pads can provide for engaging in supplier development. Use practical examples relating to their business to substantiate.
Reasons :
To improve supplier capabilities and enable them to provide better quality and timely delivery
• To work towards the reduction of cost for both parties
• To work toward gearing the supplier to be able to supply to the buying organisation in line with innovation in sourcing, the buyer's procurement targets and sustainable development objectives
• To increase the supplier's profitability as an extension of the benefits delivered to their customers (buying organisation)
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