A mechanism that allows companies to address market events and fluctuations. In any supply solution there is a value placed on the business relationship. This is a different view than Best Value. The focus of Best Value is from the buyer's perspective. Value Balance is a two-way perspective, a buyer/supplier value proposition. In every sourcing model a buyer should evaluate this balance as "business happens."
A mechanism that allows companies to address market events and fluctuations. In any supply solution there is a value placed on the business relationship. This is a different view than Best Value. The focus of Best Value is from the buyer's perspective. Value Balance is a two-way perspective, a buyer/supplier value proposition. In every sourcing model a buyer should evaluate this balance as "business happens."