We investigate the trend among high technology companies to develop long term strategic partnerships with suppliers. Project team members researched through recently published literature related to new directions in engineering and manufacturing. Special emphasis was given to the internal management issues faced by a company seeking to develop a partnership agreement with a supplier, as well as the effective selection of products suitable for teaming up. Also considered are the processes of selecting organizations and maintaining the relationship once formed. The many benefits that may result from these partnership arrangements often outweigh the extensive investment and effort required to enter into them.
Hatipoglu, Samim; Herrington, Scott; Jones, Terry; Knoben, Jerry; Leichner, Brett; and Walsh, Scott, "Suppliers as Partners: A New Strategic Direction" (1990). Engineering and Technology Management Student Projects. 355.