Read 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.)?

Read 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 300-350 words, describe the value to the organization
Required Text
Emmett, S; (2005). Excellence in warehouse management (1st ed.). West Sussex, England: John Wiley & Sons Ltd. ISBN: 978-0-470-01531-5.
Required Article

Harvey, J., & Brudenall, P. (2008, May 29). Risky business, high payoffs. Forbes. Retrieved from http://www.forbes.com/2008/05/25/core-deals-strategy-oped-cx_jh_pb_outsourcing08_0529risk.html
Required Exam

Program Comprehensive Examination. Peregrine Academic Services.
This exam must be purchased from the EdMap online bookstore as part of your required materials for this course. It will appear in the EdMap materials list as the
Bachelors Academic Degree Level Common Professional Component (CPC)-based Comprehensive Exam.

Required Multimedia

Ashford University (2012, December 20). How to create an effective cover letter | Ashford University career services [Video file]. Retrieved from https://www.youtube.com/watch?v=xtTNCcklv_A&feature=share&list=PL7THdAwmjsLiKEmVL0zL8UDKrXEzWFLxo

Ashford University. (n.d.). The elevator pitch [Video file]. Retrieved from http://www.careerspots.com/vidplay_links_ext.aspx?aid=498&apass=u98cNyVqGntz9bYDoM03fD6PKToz/KVLk756Ts8Ln7k=&vidnum=7&

Required Websites

Apple. (n.d.). iTalk Recorder on the App Store on iTunes. Retrieved from https://itunes.apple.com/us/app/italk-recorder/id293673304?mt=8
O.S.H.A Pocket Guide – Worker Safety Series: Warehousing (http://www.osha.gov/Publications/3220_Warehouse.pdf)

Institute for Supply Management (http://www.ism.ws)

Warehousing Education and Research Council (http://www.werc.org/)

Voki Home. (n.d.). Retrieved from http://www.voki.com

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