From vendor to partner: Why and how leading companies collaborate with suppliers for competitive advantage
Article first published online: 6 FEB 2008
© 2008 Wiley Periodicals, Inc.
Global Business and Organizational Excellence
Volume 27, Issue 3, pages 21–37, March/April 2008
How to Cite
Hughes, J. (2008), From vendor to partner: Why and how leading companies collaborate with suppliers for competitive advantage. Glob. Bus. Org. Exc., 27: 21–37. doi: 10.1002/joe.20201
- Issue published online: 6 FEB 2008
- Article first published online: 6 FEB 2008
Despite the emergence of supplier relationship management, many types of barriers prevent companies from transforming traditional purchasing relationships with key suppliers into powerful collaborations that can produce substantial value for both parties. The secret of collaborative customer-supplier relationships is not only what the parties do together but also what they believe about each other and how they interact. Using recent survey data, the author discusses the behaviors, perceptions, and practices that inhibit vendor-customer collaboration; examines several successful partnerships involving leading companies; examines what constitutes a “good” business-to-business relationship; and recommends steps companies can take to begin to transform their key supplier relationships into real partnerships. © 2008 Wiley Periodicals, Inc.