Creating and Managing Supplier Relationships Relational Supplier Payoffs Some distributors continuously search out new suppliers to...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Creating and Managing Supplier Relationships Relational Supplier Payoffs Some distributors continuously search out new suppliers to find better pricing and margins for their firm; whereas others believe they will add value to their firm by developing a more integrative relationship with certain key suppliers. The graph below shows the results of a comprehensive study where the integrative relational approach to treating suppliers significantly increases key performance metrics as compared to when the relationship is more transactional (i.e., less integrative) in nature. 1) Based on the information in Module 4 / Chapter 4 about the strongest relationships between suppliers and distributors, what are examples of behaviors that would be expected in this study's "integrative relational" approach? 2) Why would this type of relationship between a supplier and distributor also improve customer performance metrics, such as Customer Retention or Customer Satisfaction? FIGURE 2. Differfomance Outcomes be thang Configuntions Soute Linger, Adan, Jeanne En Raa, and stoneConfigur The Mix of Purchasing Practions to Chose for Your Soya (W126 Came Creating and Managing Supplier Relationships Relational Supplier Payoffs Some distributors continuously search out new suppliers to find better pricing and margins for their firm; whereas others believe they will add value to their firm by developing a more integrative relationship with certain key suppliers. The graph below shows the results of a comprehensive study where the integrative relational approach to treating suppliers significantly increases key performance metrics as compared to when the relationship is more transactional (i.e., less integrative) in nature. 1) Based on the information in Module 4 / Chapter 4 about the strongest relationships between suppliers and distributors, what are examples of behaviors that would be expected in this study's "integrative relational" approach? 2) Why would this type of relationship between a supplier and distributor also improve customer performance metrics, such as Customer Retention or Customer Satisfaction? FIGURE 2. Differfomance Outcomes be thang Configuntions Soute Linger, Adan, Jeanne En Raa, and stoneConfigur The Mix of Purchasing Practions to Chose for Your Soya (W126 Came
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
In its report to shareholders for its quarter ended April 30, 2007, TD Bank Financial Group reported the following items ($ million) in other comprehensive income: Change in unrealized gains and...
-
A manufacturer buys certain equipment from outside suppliers at Rs. 30 per unit. Total annual needs are 80,000 units. The following further data are available: Annual return on investment Rent,...
-
What elements of deontology apply to making ethical decisions about this topic?
-
Harmon Company had the following two transactions related to its delivery truck. 1. Paid $38 for an oil change. 2. Paid $400 to install special shelving units, which increase the operating efficiency...
-
Utilising the IRAC structure (issues: rules: application: conclusion). The task is a common law assignment, so you are not required to discuss any legislation at all. It is essential that you cite...
-
Tower Company owned a service truck that was purchased at the beginning of Year 1 for $ 3 1 , 0 0 0 . It had an estimated life of three years and an estimated salvage value of $ 4 , 0 0 0 . Tower...
-
In 2017 JetBlue faced challenges that included rising fuel prices, troubling technical disruptions, and declining quality of the flying experience. Since the beginning of 2016, JetBlue had enjoyed...
-
What behaviors or qualities you noticed in the mediator that made him effective as a mediator? Post a specific behavior or quality you noticed and reflect on a situation you could use to help develop...
-
Josef exchanged land ( tax basis of $ 3 4 , 0 0 0 ) , that he had held for 4 years as an investment, for similar land valued at $ 4 2 , 0 0 0 which was owned by Adrian. In connection with this...
-
1. Using that flexible budget the Flexible budget Food Expense is ? 2. Using that flexible budget and recalling that the average cost of cashiers and servers is 0.4754/customer), the Flexible Budget...
-
4. Istanbul Municipality wants to know if a Flood Control Project is economically feasible. Annual Benefits $1,200,000; Annual Disbenefits $ 200,000; Initial Cost of the Project= $3,000,000 Annual...
-
Sheridan Co. incurs $157000 of overhead costs each year in its three main departments, setup ($10600), machining ($105000), and packing ($41400). The setup department performs 50 setups per year, the...
-
Who are the customers? Who are the noncustomers? What is the difference between them?
-
Is your strategy implementable? ???????? Will your key constituencies allow you to pursue this strategy? ???????? Can your organization make it through the transition? ???????? Are you and your...
-
Are the elements of your strategy internally consistent? ???????? Have you made choices of arenas, vehicles, differentiators, staging, and economic logic? ???????? Do they all fit and mutually...
Study smarter with the SolutionInn App