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- Reduction and elimination of the inspection of supplied parts and materials.
- Improved product and service quality, and delivery performance and responsiveness.
- Improved productivity increased stock turns and lower inventory carrying cost.
- Security and stability of suppliers.
- Transfer of ideas, expertise and technology between customer and suppliers and
dissemination and implementation of best practice.
- Joint problem – solving activities, with the customer providing assistance to the suppliers
to help improve process, leading to easier and fast resolution of problem
- A comprehensive customer supplier communication network ensures that the supplier s
provided with quick access to he customer’s future designs and manufacturing plans and
is kept informed of changing customer requirements.
- It helps to develop sustainable growth of the supplier in terms of investment in equipment
and manufacturing resources.
- It helps in the provision of advisory services to suppliers such as training, operating
procedures and methods.
NatalieR answered the question on May 10, 2022 at 07:13
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