Can You Explain The Way Of Fulfilling Supplier Commitments To Deliver Value?

Question

Can You Explain The Way Of Fulfilling Supplier Commitments To Deliver Value?

2 Answers

Answer Question

Answer 1

Suppliers are committed to deliver value by following these steps:

Fairness: Suppliers act fairly during the competitive process and they strive to ensure that customers continue to obtain all business benefits.

Honesty and Openness: Suppliers are honest and open about their aims, objectives and goals. Suppliers fully understand the need for public sector procurement activity that should be conducted with integrity.

Efficiency and effectiveness: Suppliers are committed to improve efficiency and effectiveness by pursuing continuous improvement, being proactive in suggestions and working with potential subcontractors.

Professionalism: Suppliers foster high level of professionalism by training staff, maintaining customers' confidence and focusing on the interests of the customers.

Answer 2

Value is not only delivered through production and operations of the company but suppliers can also add value to the business. There are various ways through which the suppliers are committed to add value to the business. Firstly, suppliers show fairness by ensuring that the customers are satisfied from the quality which they are offering. Secondly, suppliers show honesty and openness in their aims and objectives which also add integrity and hence increase the value. Thirdly, suppliers are aimed to increase the efficiency and effectiveness by pursuing on the goal of continuous improvement. Moreover, suppliers also show professionalism by training staff, maintaining customers' confidence and in dealings with buyers which also add value in the business.