Collaborating with Suppliers for a Successful Supply Chain
Open Access
Author:
Elgin, Sarah Pauline
Area of Honors:
Supply Chain and Information Systems
Degree:
Bachelor of Science
Document Type:
Thesis
Thesis Supervisors:
Dr. Robert Alexander Novack, Thesis Supervisor Dr. John C. Spychalski, Thesis Honors Advisor
Keywords:
supplier collaboration supplier rationalization procurement case study
Abstract:
The purpose of this study was to investigate the importance and uses of supplier collaboration to improve the supply chain. Through the study of CPFR and data synchronization methods, different types of collaboration forms and their concerns were examined. Furthermore, steps to implement a successful supplier collaboration program were provided, as well as a procurement case study example involving the Procure-to-Pay process and supplier rationalization. The principle conclusion of this thesis reveals that supplier collaboration is essential for businesses to meet challenges and achieve top performance.