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Essay Details:
Essay text:
In order to cultivate this competitiveness, Hyundai runs an appraisal of its suppliers by evaluating their supply chain management, helping these suppliers improve their operations and selecting those firms that meet Hyundai's criteria of capability and performance to compete in the world market.
Problem
Samyeong, as one of the major suppliers of Hyundai for control cables and subject to their selection process, are pressured to make major changes in the area of cost, quality and, productivity.
In order to meet Hyundai's selection criteria, Samyeong must have a responsive supply chain which focuses on innovative products and stable processes...
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