5 Steps to Creating Vibrant Procurement System

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stochastic excursion
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Re: Friction between Vendor and companies
stochastic excursion   3/13/2012 3:52:59 PM

Of the three, managing supplier relationships is the one procurement professionals have the most control over.  Success in this area can go a long way in buffering negative impact from the other two.

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Supply Network Guru
Friction between Vendor and companies
Jacob   3/12/2012 3:02:58 AM
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"The survey revealed three top three concerns: managing supplier relationships, commodity price volatility, and managing shareholder expectations"

Miguel, truly these are the main constrains and I think commodity price volatile is a major factor that can disrupt any relation. Once we have entered to any agreement for the supply of components, then most of the vendors are not ready to make any changes in pricing according to the volatile in market. There itself the friction starts because companies need the supply in a lesser price quote and the vendor needs to sell out in maximum profit.

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