Supplier relationships are becoming more and more prevalent as a result of the market's supply and demand
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Supplier relationships are becoming more and more prevalent as a result of the market's supply and demand uncertainty. In order to successfully satisfy client demand whenever it emerges, businesses seek to assure the supply of resources. . In order to achieve this, companies have to establish a contractual agreement with their preferred suppliers. The business may utilize a variety of supplier contracts, and each one has benefits and drawbacks. Referring below 6 type of contract explain in detail each type with an example:
- Fixed price
- Cost Plus Fixed Fee (CPFF)
- Fixed price incentive
- Buyback
- Quantity flexibility
- Revenue sharing
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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