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Article: Supplier selection and assessment: their impact on business performance.(literature review)
- Article from:
- Journal of Supply Chain Management
- Article date:
- September 22, 2002
- Author:
CopyrightCOPYRIGHT 2002 National Association of Purchasing Management, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INTRODUCTION
In recent years, there has been a shift in manufacturing companies away from vertical integration toward smaller, leaner operations (Prahalad and Hamel 1990). Organizations have downsized, focused on core competencies, and attempted to achieve competitive advantage by leveraging their suppliers' capabilities and technologies. Many have reduced their supplier base to more effectively manage relationships with strategic suppliers (Tully 1995), and developed cooperative, mutually beneficial relationships with all suppliers (Mason 1996; Copacino 1996). By exploiting suppliers' capabilities, Improvements in product quality, quicker integration of ...