Global Supply Chain Management (Group 6) by Alexis Barlow https://padlet.com/alexisbarlow/GSCM6 en-us 2022-11-17 10:52:02 UTC 2022-11-17 12:19:31 UTC hello@padlet.com https://padlet.net/icons/png/1f69b.png QUESTION ONE https://padlet.com/alexisbarlow/GSCM6/wish/2388157432 1. builds trust
2. A collaborative relationship facilitate innovation which is crucial to growth and improving resilience
3. Mitigate Risk
4. Optimize Performance
5. Create Loyal Relationships
6. Reduce costs
7. Increase Administrative Efficiencies
8. increase onboarding speed
9. protect the brand

]]> 2022-11-17 12:05:57 UTC https://padlet.com/alexisbarlow/GSCM6/wish/2388157432 Question Two https://padlet.com/alexisbarlow/GSCM6/wish/2388157811
* Transactional is short term while Relational is long term  
* Transactional relationship is based on what you get while the latter is based on what you give
* Transactional relationship prefers to stay in touch while Relational prefers to keep informed
* Transactional understands the process, relational understands the person in the process
* Transactional judges the results, relational evaluates the relationship
* Transactional evaluates results, relational evaluates how others feel about the results ]]> 2022-11-17 12:06:14 UTC https://padlet.com/alexisbarlow/GSCM6/wish/2388157811 QUESTION 5 https://padlet.com/alexisbarlow/GSCM6/wish/2388159195 Toyota believes in developing mutually beneficial, long-term relationships based on mutual trust with all suppliers.

Toyota to gain a competitive advantage over its competitors and to become one of the largest automotive manufacturers in the world by researching and introducing the leading-edge technology and vehicles to the consumers.

How do you establish supplier relationships
  1. Consistent Communication.
  2. Your suppliers are not just vendors.
  3. Evaluate risks.
  4. Be a great customer.
  5. Be mindful of cultural differences.
  6. Understand your suppliers.
]]> 2022-11-17 12:07:32 UTC https://padlet.com/alexisbarlow/GSCM6/wish/2388159195 question three https://padlet.com/alexisbarlow/GSCM6/wish/2388161399 *By having the right tools in place and practicing consistent consistent 
* communication,
* responsibility 
* patience ,
*Trust

Effective workforce ]]> 2022-11-17 12:09:34 UTC https://padlet.com/alexisbarlow/GSCM6/wish/2388161399