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Normally, we adopt two supplier sourcing strategy in BCP Norms. What would be strategy, if required source is only in our surrounding and have its monopoly benefit? Share ... See More
Supplier Performance = Supplier motivation + Supplier Capabilites
Preferably Quarterly if not Half yearly review is must.
It will depend upon my own financial position, if my company is on large scale and i should prefer large suppliers and so on, but one thing remember while making relation ... See More
It really depends upon what is being supplied. If it is a raw product, then the storage location could be duplicated within the same geography. As there is a monopoly, I ... See More
Some major factors moving companies toward using fewer suppliers are investigated along with the advantages and characteristics of a good buyer-supplier relationship and ... See More
I trumbled a bit to understand the issue , a good answer would be : do you have your sole supplier BCP plan ? do you have the right to audit the supplier to confirm it is ... See More