Factors Affecting Supplier Performance

This book explores the essential ingredients fundamental for supplier's performance both in the short run and in the long run. Typically it is crucial for suppliers and the buying organization to form a long term relationship in a race to conduct research and development initiatives together aimed at achieving much profitability and cost reduction. Essentially, supplier relationships should be promoted at all levels in the procurement cycle coupled with supplier training and development as a competitive edge against competitors. In the recent past, Kenya Institute of Supplies Management (KISM) and Kenya Institute of Management (KIM) have spear headed the promotion and incorporation of a sound supply chain management concept integration in both private and public sector organizations. This is made achievable by the use of conference and seminar proceedings, publication of journal articles, and publication of magazines and finally by enrolling members involved in supply chain management. Lastly the two management bodies have introduced examinations aimed at equipping learners with the necessary skills for the job markets. It remains to be seen how the future will be shaped.