Partnerships may bring added value to strategic supply relationships, and
have been described using seven factors. Identify those factors and
describe each while providing an explanation of how each provides value
within the cooperative relationship. Document your sources.
Supply Base Rationalism (150-200 words)
Supply base rationalism seeks to reduce the suppliers in which an
organization deals directly to a smaller number of strategic suppliers.
How does this process work? What are the benefits to each of the players
in this relationship? Document your sources.