A hybrid relationship that combines an Outcome-Based economic model with a relational model incorporating the Nobel award-winning concept of behavioral economics and the principle of shared value. Using these concepts, companies enter into highly collaborative arrangement designed to create and share value for the buyer and supplier above and beyond conventional buy-sell economics of a transaction-based agreement. In short, the parties are equally committed (Vested) to each other's success.
A hybrid relationship that combines an Outcome-Based economic model with a relational model incorporating the Nobel award-winning concept of behavioral economics and the principle of shared value. Using these concepts, companies enter into highly collaborative arrangement designed to create and share value for the buyer and supplier above and beyond conventional buy-sell economics of a transaction-based agreement. In short, the parties are equally committed (Vested) to each other's success.