INCREASING THE POWER OF YOUR VENDORS
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Abstract
In many multinational companies as well as local companies most of the components are outsourced from vendors (suppliers) locally available. So it is paramount to train them, help them and make technical around whenever it is felt a little knowledge of quality control and inspection is required to reduce rejections. Some companies even provide financial assistance so vendors so that they can supply in time and keep consistent quality.References
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• Purchasing and supplying by Michael R.Leenders.
• The supply-Based Advantage by Stephan C. Rogers
• Entrepreneurship Development Small Business Enterprise –Charantsnath Pearson.
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