customer-supplier partnership definition

customer-supplier partnership

In quality control, extended relationship between buyers and sellers based on confidence, credibility, and mutual benefit. The buyer, on its part, provides long-term contracts and assurance of only a small number of competing suppliers. In reciprocation, the seller implements customer's suggestions and commits to continuous improvement in quality of product and delivery.

customer-supplier partnership is in the Purchasing & Procurement and Quality Control & Management subjects.

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