TraceGains Highlights Food and Ingredient Supplier Relationship Management Process
How food companies build a process that delivers cost and value improvement every year was profiled by Bill Michels, a leading expert in purchasing and supply chain management, during a TraceGains event. Michels covered the supplier relationship management process, identifying which suppliers are good candidates for supplier relationship management (SRM), as well as how companies can drive collaboration with suppliers. The need to establish clear processes through which buyers and suppliers interface and collaborate.
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