THE IMPACT OF MANAGING SUPPLY RELATIONS ON INTERNATIONAL PROCUREMENT STRATEGIES.

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Date

2024-10-09

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UCU

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This study looks at how managing supplier relationships affect international purchasing strategies at Riley Packaging Limited. We used a mix of methods, including surveys, interviews, and case studies, to collect information from suppliers, purchasing teams, and top management. The results show that trust, good communication, and teamwork are very important for strong supplier relationships. This leads to better quality, shorter wait times, and more flexibility in international purchasing. The study also points out some challenges and ways to improve, like using technology, helping suppliers grow, and managing risks. The findings are useful for Riley Packaging Limited and other companies, showing how important it is to manage supplier relationships well to stay competitive in global markets. In an increasing globalized market this research goes deep to explore the impacts of supply relations management on international procurement results at Riley packaging limited. This research portrays actionable recommendations for riley packing limited and its impact to the industry’s knowledge of effective supply relations management on international procurement strategies.

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