Also note that metrics play an important role in stating and shaping these expectations. Sharing critical information with supply chain partners. Information such as forecasts, production plans, and delivery schedules must be shared with supply chain partners and be appropriately acted on. This also means that partners must be willing to commit to actions based on the shared information. Properly engineered processes.
Relationships can span a wide range of structures.
At one end are simplistic relationships, supported by limited technology and resources. These are appropriate when dealing with simple products or commodity-type items. At the other end are very comprehensive and complex relationships supported by comprehensive technology and resources. These are appropriate when dealing with critical products or ones that must be developed by drawing on the joint expertise of the supply partners involved. When these factors are addressed, a smoother, more effective, and mutually satisfying supply chain relationship can be developed.