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Article: Supplier development practices: product- and service-based industry comparisons.
- Article from:
- Journal of Supply Chain Management
- Article date:
- March 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
Across industries, firms increasingly assign greater responsibility to suppliers in order to produce innovative, high-quality products at a competitive cost and in a timely fashion. To ensure that suppliers are capable and continuously improving, buying firms may engage in supplier development. In this study, supplier development is defined broadly: any effort of a buying firm to increase the performance of a supplier. This definition encompasses a variety of supplier activities including supplier assessment and feedback, the use of supplier incentives, competitive pressure, and direct involvement activities that may include supplier training and ...