By Topic

Value managed relationships in procurement strategy

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

1 Author(s)
Weissman, R.G. ; Varian Assoc. Inc., Gloucester, MA, USA

The goal of value managed relationships (VMRs) is to establish and maintain close relationships with a reduced supplier base in order to assure a reliable stream of on-time delivery of defect-free material. VMRs represent a partnership approach to procurement, where a series of supplier-manufacturer-customer relationships are established, resulting in higher quality and lower costs. VMRs are discussed with reference to negotiation in a teamwork relationship, the importance of suppliers, implementation, and measurement and feedback. It is concluded that VMRs have shown positive results at both the business unit and the corporate level. VMRs are a strategic part of the quality improvement process (QIP), and its success is a necessity for the other leg of the QIP, which is just-in-time manufacturing

Published in:

Advanced Semiconductor Manufacturing Conference and Workshop, 1991. ASMC 91 Proceedings. IEEE/SEMI 1991

Date of Conference:

21-23 Oct 1991