Reply to Gabby
Hello Gabby, I took the time to read through your discussion post. I concur that accountability, financial status, and reliability are the three primary legal considerations to consider when forming a strategic alliance with a supplier. For instance, the accountability legal consideration should include the nondisclosure agreement that protects the confidential information for both parties involved. The financial status legal consideration may entail the evaluation agreement that assesses the parties’ financial capability and fitness to form a strategic alliance.
The reliability concept in legal consideration may involve issues brought up by the letter of intent as it defines the scope of discussions between the parties.
Also, I agree that the ethical considerations when forming a strategic alliance with a supplier must involve how the other party treats its employees. Besides, it is essential to know if a company can trust a supplier on the delivery of top-notch and quality products or services on time. It is the responsibility of all organizations to maintain environmental safety by being environmentally sustainable and also socially sustainable by promoting local development in the community.
In my perspective, supplier performance and evaluation is a vital activity in any business, whether for small-medium enterprises or large organizations. It doesn’t matter if the evaluation method is formal, just like the use of the evaluation forms or informal. As longer as supplier evaluation and performance are carried out to determine their productivity, that is important.
The strategic technology-based alliance between Amazon and Dell Computer eStore has been profitable for both companies. The strategic partnership enables the companies to gain a competitive advantage over their competitors by providing unique products and services, offering reasonable prices and reducing the lead time for delivery. Good job.