What type of supplier relationship is characterized by short- and medium-term contracts with some visibility, interaction, and communication through designated contact points?
B. Ongoing. Ongoing supplier relationships are characterized by short- and medium-term contracts with some level of visibility, interaction, and communication through designated contact points. The relationship tends to be less formal and less integrated than a strategic alliance or partnership, and there may be less collaboration and sharing of information between the two parties. However, there is still some level of cooperation and coordination between the buyer and supplier, and the relationship is expected to continue over time.
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Rajiv8047
1 year agoigrd
1 year, 7 months ago