supplier development

supplier development

the practice of buying firms seeking closer relationships with their suppliers in order to provide mutual benefits: a better coordination of input requirements, a reduction in supply costs and the creation of opportunities for refining/developing compatible parts and product technologies. See KEIRETSU, LEAN MANUFACTURING, JUST-IN-TIME (JIT) SYSTEM, SUPPLY CHAIN MANAGEMENT, SOURCING.
References in periodicals archive ?
Future Contract Opportunity: Supplier Development Programme in partnership with Scottish Government and Business Gateway will host the annual "Meet the Buyer" event on Thursday 2nd June 2016 at Murrayfield Stadium, Edinburgh.
McNeal, President and CEO of the Southern Region Minority Supplier Development Council
com)-- The New York & New Jersey Minority Supplier Development Council (The Council) 40th Anniversary Partnership Awards Gala on December 6 at the New York Marriott Marquis honored outstanding minority entrepreneurs and Fortune 500 companies: Johnson & Johnson, Con Edison and Ernst & Young for outstanding accomplishments in creating business collaborations.
Firms from across Wales were joined by Alun Davies, deputy minister for agriculture, food, fisheries and European programmes at a ceremony to celebrate the completion of the Asda Welsh Supplier Development Programme.
The recent backlash surrounding worker conditions at one of Apple's supplier facilities is a prime example of why companies need a focused supplier development program as part of their overall Supplier Relationship Management (SRM) initiative.
The first project to be implemented in this initiative is the creation of a 'cloud-based' supplier development software solution to enable the consortium to collect and manage accurate supplier information, develop supply chain efficiencies, reduce risk, improve quality and drive local supplier development initiatives.
Auto Business News-November 7, 2011--The National Minority Supplier Development Council Inc honours Toyota Motor Engineering & Manufacturing North America Inc.
The event, which will be at the Brookhouse Mill, Denbigh, on Friday, May 8, has been organised by the Welsh Assembly Government's Supplier Development Service and Denbighshire County Council's Area Regeneration and Investment Unit.
Michael Robinson, director of global supplier diversity at IBM--and last year's winner of the Minority Supplier Development Leader of the Year award from the National Minority Supplier Development Council Inc.
Somerset based company Markus Products is benefiting from a Supplier Development Programme devised by South West Food & Drink.
Sainsbury has announced the launch of a new supplier development programme for south-west England.
August 11-13 Carolinas Minority Supplier Development Council "26th Annual Business Opportunity Conference" in Greenville, SC.

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