Some of the recommendations which can be given to the structuring of the supplier relationship of the dealership work of Wolf motors are mentioned below.
- Formulation of a centralized supplier management system that will enable the organization to make consolidated buying decisions.
- Maintenance of consistent quality control will enable good leveraging with the suppliers.
- Before fixing up with any suppliers the organization can conduct research on the credibility of the supplier which can lead to the maintenance of the long-term relationship.
- The automated inventory management system can be implemented like EDI
In commerce, the supply chain refers to the network of organizations, people, activities, information, and resources involved in providing products or services to consumers. Supply chain activities include the transformation of natural resources, raw materials, and components into finished products and their delivery to end customers. Sophisticated supply chain systems allow used products to re-enter the supply chain at any point where residual value can be recycled.
A typical supply chain begins with environmental, biological, and political regulation of natural resources, followed by human extraction of raw materials, includes multiple links of production, and Multiple levels of deposits that are getting smaller and smaller, moving more and more geographically distant locations. , and finally reaches the consumer.
Learn more about Supply Chain here: brainly.com/question/25160870
#SPJ4