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Strategic Relationships in the Organisations Supply Chain

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According to the research findings, it can, therefore, be said that supply chain management is a step wise process which involves various phases from start till the delivery of end product to the customer and transition between one phase to another requires interaction with various stakeholders. Each transition is quite critical as disturbance of the process at any stage can lead to failure of completion of the end product as desired by the customer or as desired by the customer. To protect and keep the supply chain process safe from such a disaster there should be the smooth transition between each phase by having good relations between the supply chain stakeholders.

The main advantage of having good relationships between people involved in each contributing and value-adding stage of a supply chain is quite necessary as it keeps the other linked and associated departments updated with the progress which keeps them an advantage of being prepared at for their tasks and responsibilities of value added from their side beforehand. So all in all if each of the partners in the supply chain is concerned about the smooth execution of the entire process then they would maintain good relationships amongst themselves and work as one unit for the success of the organization.

An organization where every individually contributing phase of a supply chain is well linked with other departments involved in the process and keeps the flow of information maintained by coordinating its timing detail and progress to its dependant phases is a one which is well-connected information wise as well as relationship wise. Such an organization is an ideal model of supply chain management as its ultimate goal is to have a satisfied customer by providing a product which fulfills every aspect of end-user requirement and most importantly by completing it within time.

The formation of new relationships in the supply chain is quite critical and crucial for the success of any supply chain and its performance. This fact can be established on the observation that companies, organizations, industries, and corporations nowadays have realized that they cannot survive in the business world standing alone without building relationship and partnerships. These relationship and alliances are very beneficial in the longer run for the partners mutually and cost-effective as well.

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preview essay on Strategic Relationships in the Organisations Supply Chain
  • Pages: 8 (2000 words)
  • Document Type: Essay
  • Subject: Business
  • Level: Undergraduate
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