Benefit of Partnership

Assalamualaikum and a very pleasent day a bit to all of you.

     Hey guys! How are you today? Hope you are in the pink of health. Today, our group will present more detail about the ‘Benefit of Partnership’. We hope all of you can learn and get some information through this topic today. This topic also related in our purchasing subject. Before we go so deep about this topic, let us know first what is exactly partnership is. The definition of partnership in purchasing and supply chain management, it is known as a relationship between two independent entities in supply channels to achieve specific objectives and benefits. In other definition, partnership also known as an agreement between two or more people to finance and operate a business.

    

         The first main point for the benefit of partnership is, it can improve the communication between the partner. With this partnership, the communication can be improve and it also can make both company bec   ome more close. Which is the bone between both parties become more solid and unbreakable. For an example, Gerimis Baiduri has made a partnership with Kentucky Fried Chicken, with a partnership made by both parties made the communication between them become improve.

          Next, another benefit of partnership is it can improve the quality. In this main point, we can see that by having the partnership the quality of the goods will improve. From this partnership, both companies can share their information about the product that are going to publish to the market so that the quality of the product can be advance to the better one. In the mean time, it also can make customer become more satisfy with the product.  For an example, partnership between Proton and Mitsubishi has produce an Inspira’s car that looks like Mitsubishi Lancer’s car.

         Furthermore, with the partnership, it also can make a good collaboration between companies. The companies will become more stronger when they have more partnership. When they have good relationship, it become more competitive to the wide world market in the global. It become an advantages to those companies who have a partnership. So, the customer will be more confident with the product made by company who has a good collaboration.

             For the conclusion, in this topic today, we have been told several benefits of partnership. There are improve the communication, improve quality and also make a good collaboration. However, they have another more benefits of partnership. So, what we can want to stress more in this topic is with having a partnership, we can have strong relationship and strong bone. It is not waste to have a better relationship by having a partnership.