Upon completion of this chapter, the reader should be able to:

11.1 Identify the elements of the supplier chain partnership Chrysler initiates with its suppliers that makes it an industry benchmark.

11.2 Describe the levels of supply chain partnerships and give an example of each.

11.3 Explain how supply chain partnerships can lead to a reduced supplier base.

11.4 Discuss the potential benefits of buyer–supplier partnerships.

11.5 Discuss the power component of supply chain relationships.