During supplier selection and throughout the business relationship, the buyer actively invests in improving its suppliers through training, joint quality targets, on-site audits, and constructive feedback.
Source: https://www.cips.org/knowledge/procurement-topics-and-skills/supplier-relationship-management/supplier-development/
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.