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Supplier Relationship Management in China and Taiwan A case study with Bu fab to identify the main criteria for a healthy supplier buyer relationshipMASTER THESIS WITHIN: Business Administration NUMBER
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Supplier management is the process of managing and optimizing an organization's relationships with its suppliers to ensure a smooth supply chain and to maximize value. It involves evaluating supplier performance, negotiating contracts, and ensuring compliance with regulations.
Businesses that engage suppliers for goods or services are typically required to file supplier management information to ensure compliance with regulations and to maintain effective relationships with their suppliers.
To fill out supplier management documentation, organizations need to gather relevant supplier information such as contact details, performance metrics, compliance certifications, and contractual agreements. This information should be documented accurately in the required format and submitted to the appropriate regulatory body.
The purpose of supplier management is to establish a systematic approach to sourcing, managing, and optimizing supplier relationships to minimize risks, improve quality, reduce costs, and enhance overall supply chain efficiency.
The information that must be reported typically includes supplier contact details, performance evaluations, compliance data, financial stability assessments, and any other metrics relevant to supplier performance and risk management.
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