SRM Practice

Definition

Literature

Supplier selection

The process in which suppliers are reviewed, evaluated, and chosen to become part of the firm’s supply chain.

[19] [21] [22] [23]

Supplier involvement

The participation of supplier (through its capabilities, investments, information, knowledge, or ideas) in product design or modifications, process design or modifications, quality improvement, and cost control.

[17] [18] [20] [23] [24]

Communication

The extent to which information about the product, process, cost, quality, resources, sales forecast, production plans, inventory level, order tracking and tracing, and delivery status is communicated between the firm and its suppliers.

[5] [17] [18] [25] [26]

Buyer-supplier relationship

The integration between the firm and its suppliers as long as possible to enhance operational and strategic capabilities that will help to attain considerable ongoing benefits.

[5] [17] [20] [23] [25]