Market-dominating buyers in research and development (R&D)-intensive industries who deal with only a few suppliers must balance their short-term goal of minimizing cost with their long-term interest in maintaining financially healthy relationships with a limited number of qualified suppliers. In...

Transformation and cultural change to innovative supplier management -- Supplier management as part of the corporate strategy -- Phases, organization and competence requirements -- Control circles and escalation levels -- Lean methods, audits and supplier analyses -- Corporate social...