References
Academic.Tips. (2022) 'Toyota expects a 3% reduction in costs each year from its suppliers. Even with these year-after-year price reductions from suppliers, how does Toyota maintain its reputation for product quality? The company’s willingness to work collaboratively with suppliers to identify ways to jointly reduce costs is in stark contrast to simply mandating reductions, reductions that could lead to decreases in product quality and safety. Basing on the information given in this case, how companies can balance between Cost Reduction Pressures and Supplier Quality'. 3 February.
Reference
Academic.Tips. (2022, February 3). Toyota expects a 3% reduction in costs each year from its suppliers. Even with these year-after-year price reductions from suppliers, how does Toyota maintain its reputation for product quality? The company’s willingness to work collaboratively with suppliers to identify ways to jointly reduce costs is in stark contrast to simply mandating reductions, reductions that could lead to decreases in product quality and safety. Basing on the information given in this case, how companies can balance between Cost Reduction Pressures and Supplier Quality? https://academic.tips/question/toyota-expects-a-3-reduction-in-costs-each-year-from-its-suppliers-even-with-these-year-after-year-price-reductions-from-suppliers-how-does-toyota-maintain-its-reputation-for-product-quality-the-co/
References
Academic.Tips. 2022. "Toyota expects a 3% reduction in costs each year from its suppliers. Even with these year-after-year price reductions from suppliers, how does Toyota maintain its reputation for product quality? The company’s willingness to work collaboratively with suppliers to identify ways to jointly reduce costs is in stark contrast to simply mandating reductions, reductions that could lead to decreases in product quality and safety. Basing on the information given in this case, how companies can balance between Cost Reduction Pressures and Supplier Quality?" February 3, 2022. https://academic.tips/question/toyota-expects-a-3-reduction-in-costs-each-year-from-its-suppliers-even-with-these-year-after-year-price-reductions-from-suppliers-how-does-toyota-maintain-its-reputation-for-product-quality-the-co/.
1. Academic.Tips. "Toyota expects a 3% reduction in costs each year from its suppliers. Even with these year-after-year price reductions from suppliers, how does Toyota maintain its reputation for product quality? The company’s willingness to work collaboratively with suppliers to identify ways to jointly reduce costs is in stark contrast to simply mandating reductions, reductions that could lead to decreases in product quality and safety. Basing on the information given in this case, how companies can balance between Cost Reduction Pressures and Supplier Quality?" February 3, 2022. https://academic.tips/question/toyota-expects-a-3-reduction-in-costs-each-year-from-its-suppliers-even-with-these-year-after-year-price-reductions-from-suppliers-how-does-toyota-maintain-its-reputation-for-product-quality-the-co/.
Bibliography
Academic.Tips. "Toyota expects a 3% reduction in costs each year from its suppliers. Even with these year-after-year price reductions from suppliers, how does Toyota maintain its reputation for product quality? The company’s willingness to work collaboratively with suppliers to identify ways to jointly reduce costs is in stark contrast to simply mandating reductions, reductions that could lead to decreases in product quality and safety. Basing on the information given in this case, how companies can balance between Cost Reduction Pressures and Supplier Quality?" February 3, 2022. https://academic.tips/question/toyota-expects-a-3-reduction-in-costs-each-year-from-its-suppliers-even-with-these-year-after-year-price-reductions-from-suppliers-how-does-toyota-maintain-its-reputation-for-product-quality-the-co/.
Work Cited
"Toyota expects a 3% reduction in costs each year from its suppliers. Even with these year-after-year price reductions from suppliers, how does Toyota maintain its reputation for product quality? The company’s willingness to work collaboratively with suppliers to identify ways to jointly reduce costs is in stark contrast to simply mandating reductions, reductions that could lead to decreases in product quality and safety. Basing on the information given in this case, how companies can balance between Cost Reduction Pressures and Supplier Quality?" Academic.Tips, 3 Feb. 2022, academic.tips/question/toyota-expects-a-3-reduction-in-costs-each-year-from-its-suppliers-even-with-these-year-after-year-price-reductions-from-suppliers-how-does-toyota-maintain-its-reputation-for-product-quality-the-co/.