Listen to this episode of Talking Supply Chain wherever you get your podcasts.
When we’re shopping in our personal lives, most of us want to think that we’re special, and as such, deserve preferential treatment – whether it’s free upgrades for our frequent airline miles or that complimentary glass of wine from the restaurant we go to every Friday night.
There’s a supply chain equivalent called Earned Preferential Treatment: If we buy a lot from our suppliers and pay our bills on time, we should be valued by our customers and get perks. As research conducted by Michigan State professor Steven A. Melnyk and his colleagues reveals: It’s not that simple.
On this episode of Talking Supply Chain, Melnyk looks at what your suppliers value, and what it takes to earn preferential treatment that will deliver a competitive advantage.
Be sure to listen wherever you get your podcasts.
Click on the link to read the article on this topic co-authored by Steven A. Melnyk on SCMR.com.
SC
MR
Latest Supply Chain News
- Inflation, economic worries among top supply chain concerns for SMBs
- April Services PMI declines following 15 months of growth, reports ISM
- Attacking stubborn COGS inflation with Digital Design-and-Source-to-Value
- Despite American political environment, global geopolitical risks may be easing
- Joseph Esteves named CEO of SGS Maine Pointe
- More News
Latest Podcast
Explore
Latest Supply Chain News
- Inflation, economic worries among top supply chain concerns for SMBs
- April Services PMI declines following 15 months of growth, reports ISM
- Attacking stubborn COGS inflation with Digital Design-and-Source-to-Value
- Despite American political environment, global geopolitical risks may be easing
- Joseph Esteves named CEO of SGS Maine Pointe
- Employees, employers hold divergent views on upskilling the workforce
- More latest news