How does one use vendor selection in developing strategic supplier relationships? a. Help your most powerful stakeholders

Question:

How does one use vendor selection in developing strategic supplier relationships?
a. Help your most powerful to adopt new procurement strategies.
b. Institute faster more effective resource allocation, improved problem solutions and mutual commitment.
c. Objective decision making should be utilized; framework should be developed in house, and presented to clients.
Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...