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Why should a buyer be concerned with monitoring and managing supplier quality performance?

Why should a buyer be concerned with monitoring and managing supplier quality performance?

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Lapses in managing supplier quality can tarnish the hard-earned reputation of even the world’s best companies and brands. Any firm that does not effectively manage quality throughout its supply chain is risking long term customer dissatisfaction, reduced market share, and increased costs , as well as negative public relations. It is a completive necessity to assess actual supplier performance to make sure it aligns with expected supplier performance.

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