The buyer-supplier relationship can be very much like a human relationship: the heady days of new love, the bliss of engagement…followed by the crush of everyday life with conflicting jobs, screaming kids, and constant haggling over who does the dishes. But there are steps you can take to keep the love alive, or in the case of the buyer-supplier relationship at least build a mutually beneficial long-term affiliation. Everest Group offers 5 steps to an effective supplier management strategy.
