The relationship spectrum describes the range of possible supplier relationship types, from arm’s-length transactional relationships to strategic partnerships.
CIPS explains that buyers should segment their supplier base and apply the most appropriate relationship type to:
Maximise value
Manage risk
Allocate resources effectively
The other options describe activities or tools, not the concept of classifying supplier relationships.
L4M6 Reference:
Learning Outcome 3: Understand approaches to managing supplier relationships
Topic: Relationship spectrum and supplier segmentation
CIPS L4M6 Study Guide – Supplier relationship models
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