Elements, Benefits, & Issues of Supplier Development Contextualizing Multiple Industries

Abstract

The purpose of this paper is to review recent research into supplier development practices. The literature is well provided with studies on supplier development. However, there was a lack a comprehensible study that encompasses supplier development practices, elements, benefits, outcomes, barriers, and issues across industries; therefore, this study was conducted. Supplier development has become a key source of competitive advantage for the buying firms. The purpose of this article was to appraise the contemporary perceptive of supplier development contextualizing various industries. A total of 98 studies were selected and examined. The literature showed that supplier development was being practiced and investigated across several industries of developed economies and limited research had been conducted for industries of developing economies. This research effort had been placed mainly to present the research gap of supplier development contextualizing various industries.

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