CONTINUOUS SUPPLIER RELATIONSHIP MANAGEMENT FRAMEWORK

  • Klobučar T
  • Erjavec J
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Abstract

, we review the most recent frameworks fo r supplier relationship management and then develop a new framework that addresses their issues. This proposed three-phase framework allows fo r greater flexibility and faster adaptation to the changes that occur in the turbulent business environment. The framework also allows fo r sufficiently detailed development o f selected suppliers and enables buyer and suppliers to cocreate value. Additionally, with the help o f appropriate IT support, the proposed framework facilitates continuous, stable and real-time data exchange, which in turn speeds up the decision­ making regarding both operational and tactical procurement activities. This paper's 9 Tilen Klobučar. Danfoss K lo b u č a r T , E rja v e c J.: C o n tin u o u s s u p p lie r r e la t io n s h ip m a n a g e m e n t f r a m e w o r k main limitation is that the proposedframework builds on the analysis o f shortcomings o f previously developed frameworks and thus requires further validation.

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CITATION STYLE

APA

Klobučar, T., & Erjavec, J. (2019). CONTINUOUS SUPPLIER RELATIONSHIP MANAGEMENT FRAMEWORK. Poslovna Izvrsnost - Business Excellence, 13(2), 87–109. https://doi.org/10.22598/pi-be/2019.13.2.87

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