Answer to Question #202086 in Management for zile

Question

In the context of the above case study, recommend any ten supplier relationship management practices which may help Dutch Pork to improve its supplier relationships from a distant to a closer association. Make use of relevant examples to justify your recommendation.  

Answer 1

1.     Set the right objectives

2.     Follow a definite process

3.     Requirement planning

4.     Proper cost evaluation

5.     Supplier identification

6.    Service level agreement

7.     Supplier information management

8.     Addressing supplier concerns

9.     Supply risk management

10. Supplier performance management