A code may take the form of a binding understanding or a contractual obligation. The nature of the code often reflects the relation between the buyer and the seller.
Electronic transactions at B2B electronic market are faster, more transparent, based on better market insight and exchange of experience between business partners. The availability of mobile solutions and increased activity of buyers and suppliers on the Internet, development of IT tools, including those that support purchases, make companies that wish to keep their competitive advantage quickly […]
The latest survey by OEM Profitability and Supplier Relations proved that a good supplier relation influences financial profits of the company. The profits resulting from partner-like relations with contractors are even 5 times higher than those resulting from lower price negotiated with a supplier.
The aim of the audit is to identify weak points of the company’s operations and discover unexploited development potential. The question is whether the frequency of such supplier audits in Poland is sufficient and what is buyers’ real attitude towards it. To verify if suppliers actually comply with the code of conduct is as important […]
A code of conduct with suppliers should not be viewed as a complete list of non-negotiable rules. It is a regulation that allows a company to take risks, but at the same time to safeguard its interests. A code of conduct is also a token of partnership, by which the buyer clearly expresses the requirement […]