Key steps in supply chain relations

Key steps in joint supply-chain improvement projects are:
Step 1: Establish mutually agreed on processes and objectives before starting a joint supply chain improvement project.
Step 2: Prepare thoroughly. The key to process are team selection, benefit-sharing agreements, analysis of opportunities, supply-chain, mapping, setting of performance standards and allocation of required.
Step 3: To reap commercial benefits integrate the joint supply-chain improvement project within the respective organisations
Step 4: Proper documentation and record keeping.

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