Supplier Relationships- what are some of the different types of relations? what are the benefits that you could imagine or have experience with a relationship with a supplier?

One of the most important responsibilities of supply managers is the cultivation and nurturing of supply chain relations. And while any discussion of relations sounds like we be sharing our feelings with Dr. Phil, this seemingly intangible area can lead to very tangible benefits. Supplier relationship management can result in favorable treatment from suppliers, access to supplier-developed innovation, and a heightened willingness of suppliers to make investments that only benefit certain customers. what are some of the different types of relations? what are the benefits that you could imagine or have experience with a relationship with a supplier? Instructions your initial post should be at least 250 words.

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