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What is the role of an external supplier?

An external supplier provides the materials that a company needs to create their services and products. They are a company outside of the actual business.


What is buyer-supplier relationship?

A buyer-supplier relationship refers to the connection or interaction between an organization (the buyer) that procures goods or services and the company (the supplier) that provides them. This relationship can range from a simple, transactional exchange to a complex, strategic partnership. Key aspects include: Communication: How information is shared (e.g., orders, specifications, feedback, issues). Trust: The level of confidence each party has in the other's reliability and integrity. Collaboration: The extent to which buyer and supplier work together on joint projects, problem-solving, or innovation. Interdependence: How much each party relies on the other for success. Performance: The supplier's ability to meet the buyer's needs in terms of quality, cost, delivery, and service. Risk Sharing: How risks associated with the product or service are managed between the parties. The nature of the relationship often depends on factors like the strategic importance of the procured item, the number of available suppliers, and the long-term goals of both organizations. A strong, positive buyer-supplier relationship can lead to mutual benefits such as cost savings, improved quality, faster innovation, and increased efficiency.


What is an energy supplier for the cell?

..cell wall


Basic types of communication?

inerta communication inter communication mass communication group communication


What are the different elements and areas of communication?

area communication is are non-verval communication,verval communication and written communication

Related Questions

Is it supplier relationships critical to any organization?

Quality IT services are required for any organization. As our data communication depends on it. To hire a good multivendor IT Supplier is really a tough job.


What is Finisar's motto?

Finisar's motto is 'World's Largest Supplier of Optical Communication Components, Defining the Future of Optical Communications'.


What is supplier expectation?

Supplier expectations refer to the specific requirements and standards that a company has for its suppliers in terms of quality, delivery, pricing, communication, and other aspects of the business relationship. These expectations are often outlined in contracts or agreements to ensure both parties are clear on their responsibilities and commitments. Effective management of supplier expectations is crucial for achieving a successful and mutually beneficial partnership.


What is a sole supplier?

It is the "Only" supplier.


Difference between sole supplier and single source supplier?

Sole supplier is the only one supplier can be sourced in market. Single supplier is the one can be substituted by alternative supplier but buyer sources from single supplier for strategic reason. (PVO consolidation, etc)


How long does a supplier have to return a core charge after they have received the core?

That will vary from supplier to supplier.


What the scope of Supplier Invoice?

Supplier invoices represent a payable that is created when a Product is received from a Supplier.


What are the characteristics of a supplier?

A supplier typically has several key characteristics, including the ability to provide goods or services consistently and reliably, competitive pricing, and adherence to quality standards. They often maintain strong relationships with manufacturers or producers and possess effective logistics capabilities to ensure timely delivery. Additionally, a good supplier demonstrates flexibility to accommodate changes in demand and maintains transparency and communication with their customers.


What is possessive form of supplier?

The possessive form for the noun supplier is supplier's.Example: Our supplier's reliability has been excellent.


How did the Toyota Production System keep inventories lean?

Parts arrived on the assembly line just as they were needed, a process that required constant communication between dealer, factory, and supplier.


What is involved in the procurment process?

Procurement is the acquisition of good, services or works from an external source. It involves identification of need, supplier identification, communication, negotiation, liasion, and logistics management.


How is supplier cost related to supplier price?

Supplier cost is usually lower than supplier price because once something has been bought, the supplier would mark up the price in order to make a profit.