Supplier Development Programs

With increasingly competitive and highly competitive markets, companies are looking for more innovative ways to create value and increase efficiency. Historically, companies have tried to improve internal processes through housekeeping, but recently this has changed with a focus on the management of enterprise supply activities. As Thomas Friedman (2005) explains, the open market and "flat world" saw many new entrepreneurs abandon traditional business methods driven by business ideas.

One element missing from the definition of CIPS is the common interest in supplier development. Suppliers who are developing development plans usually improve production and organizational elements. Therefore, the supplier development plan creates value not only for buyers but also for suppliers, making it a more attractive supplier for other purchasing entities. The value and expectation of the communication that appeared during the preparation process lay a foundation for cooperation. In this process of strengthening the relationship of trust, the importance of continuous evaluation and quality control should be conveyed. Suppliers must understand their development, and the relationship between buyers and suppliers is an important and sustainable relationship. Audit form, supplier development plan, annual performance evaluation, standard self-evaluation

Supplier development is an important part of supply chain management. "Supplier development is best considered as a corporation's belief that companies place high value on quality and it is necessary to develop and meet internal quality standards that meet customer requirements (Beckford, 2002) Supplier development is an important aspect of every company's development process.The process is interactive, the relationship between parent company and supplier is a major aspect of supplier development.The relationship between the company and its supplier Communication is an important part of the supplier development process.