Retailer supplier partnerships
Retailer supplier partnerships
Identify and describe the three types of retailer supplier partnerships discussed in chapter 8. Manufacturers and retailers occasionally find using third parties to perform certain aspects of the materials management and /or product distribution functions beneficial. Why might this be the case? Provide details in your response.
preview of the answer…
There are three types of retailer supplier partnership that ensures strategic alliance to understand the market system. Traditionally, retailer-supplier relationship was far much greater than variation in demand experienced by retailers. Information sharing is important to help vendors to plan effectively however, the vendor may have a scheme to completely manage and own inventories until the time the retailer sells every item
APA 300 words