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Mutual Attraction
Consider these five determinants to find true alignment between companies and strategic suppliers, which can lead to high-performance quality.
This article by Alon Schonberger, a quality manager in Israel who holds a master’s degree in mechanical engineering from Technion—Israel Institute of Technology and an MBA from the Open University in Israel, presents the facts:
- In most scenarios, companies must align themselves with the right suppliers and strategically approach these partnerships.
- Strategic suppliers must look at these partnerships with buying companies and consider five determinants to achieve total satisfaction of the buying company, which leads to performance quality.
- In addition, there are ways the buying company can make itself more attractive to find strategic suppliers.
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