Discussion:
Review the Forbes article, "Risky Business, High Payoffs." Based on the content presented in the article, what is the value to the company and the supplier in developing and implementing a Third Party Supplier Relationship Management System (3 P.L.S.M.S.)? How can such a system provide greater efficiency?
In 200 to 250 words, describe the value to the organization. Respond to at least two of your classmates' posts.