Question

The quality of our relationships with our suppliers and other external counter-parties has a direct bearing
on our business.
O True
O False​

Answer 1

Answer:true

Explanation:

Answer 2

Answer:

True

Explanation:

• It's important to think about procurement in terms other than the formalities of contracts and purchase agreements if you want to develop great relationships with your suppliers. The logistical focus of supply chain management differs from the focus on how you engage with the provider.
• Rarely are things as straightforward as signing a contract and then letting everything happen on its own. The value that human factors in company may offer to operations is what supplier management is all about. Maintaining this aspect of the connection in good working order will ensure that both parties respond swiftly to problems, consistently seek out methods to enhance operations, and assist one another in benefiting from the partnership.
• Our business directly depends on how well we get along with our suppliers and other outside parties.

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