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What kind of relationship do you / should you have with the supplier? How is a contract used to manage risk? How does contract ensure

What kind of relationship do you / should you have with the supplier?

How is a contract used to manage risk?

How does contract ensure that the risk is allocated to the party that is best suited to manage that risk (e.g. that the contract does not simply 'risk dump' the risks to your supplier, and then through the supply chain)?

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