Supply Chain Management: Strategic Factors From The Buyers’ Perspective
- Ronald L. Meier (Illinois State University)
- Mike Williams (Illinois State University)
- Rodger B. Singley (Illinois State University)
Business is characterized as evolving away from its traditional focus on single exchange transactions and toward an emphasis on creating and maintaining longer-term buyer-seller relationships. These strategic relationships generate managed supply chains. For the purpose of this article a managed supply chains encompasses all the activities associated with the flow and transformation of goods from raw materials to the end user, as well as the associated information flows. Materials and information must simultaneously flow both up and down the supply chain to leverage strategic positioning and to improve operating efficiency.
Keywords: industrial distribution|management|quality|research|supply chain management
How to Cite:
Meier, R. L. & Williams, M. & Singley, R. B., (2004) “Supply Chain Management: Strategic Factors From The Buyers’ Perspective”, Journal of Industrial Technology 20(2).