Relationships in Supply Chain Management

Procurement is a very important process in a Supply Chain, a firm, whatever it's newly founded or highly developed, will have the procurement process. Procurement process is related to suppliers, and there are many relationships between the firm and suppliers. So being a Supply Chain Manager, have an excellent managing of the relationships between firm and suppliers will be very important. Sometimes, the existing suppliers can't offer the parts that the firm need for the newly developed products, so the firm need seek a new supplier, and this circumstance relates to the supplier evaluation and selection process. A good new supplier will give the firm many advantages such as lower cost, higher quality. I think the interorganisational relationships are very important in the supplier evaluation and selection process. The following essay will talk about the new supplier evaluation and selection process, three different types of relationships and the factors of choosing a relationship.…