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| Topic: |
Business
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| Number of pages / Number of words: |
12 / 3217 |
Essay's paper body
Moreover, should a supplier meet these requirements, the supplier must also be capable of producing goods or products that meet relevant industry, legal, or government standards or regulations for safety and quality. One common method of ensuring supplier viability is to establish long-term stable relationships with dependable suppliers...
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If a disruption in the company's supply chain occurs, the company must have adequate means of rectifying the situation or mitigating its impact to avoid any potential legal repercussions. As such, supplier contracts should be carefully drafted and reviewed, whereby all the key demands of the agreement are clearly outlined and defined...
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