The company chosen for this assignment is BP(British Petroleum)
Characterize the Interorganizational Relationships of upstream/downstream entities involving vendors, suppliers, partners, buyers, customers, and clients. I have listed an example file of what I need done
1. Characterize the Interorganizational Relationships of upstream/downstream entities involving vendors, suppliers, partners, buyers, customers and clients. Toyota has worked closely with its suppliers in making the machinery. Apart from that Toyota has internationally implemented on basic purchasing policies with the spirit of mutual benefits and mutual trust. “The distributors of downstream partners had been telling the auto industry that there were too many sales dealerships and trends in U.S. market were changing, including increasing demand for small cars, hybrids, and more reliability; thus, the auto industry would be compromised if it did not take enough timely innovation action. Rather surprisingly, japan based Toyota stepped up to support a bailout effort because many supplies that was upstream partners were common for all automobiles companies and would not be able to continue after losing volumes from the U.S. auto industry. Despite common suppliers, the U.S auto industry was slower to innovate than the rest of industry.” (Spector and White,2008) Toyota implement vendor risk management programs as official wat to analyze, track and measure third party risk. Toyota has adjoining relationships with existing and new suppliers to promote “Customer First.” The inclining interest in corporate social responsibility and comprehend supply chain. Toyota work lifted the awareness of all the employees, including buyers, through seminar and training. Toyota accomplish to ongoing presenting to sustainability of the society and the earth by working with the suppliers to ensure the compliance, respects for human rights and reduce the negative environmental impact. (Toyota Global site|Collaboration with bussiness Partners, n.d.) Companies have always been dependent on other organizations for supplier, for supplies, material, and information. “Toyota approach with its supplier and stimulating competition among their partners. Partnership was more than just rhetoric at Toyota. Toyota avoid the risk of lock-ins and partnerships growing too homely. Toyota create competitive tensions in a supplier network that was predominantly characterized by the corporation. Improving the quality “Toyotas products requires concerted effort with their business partners inside as well as outside the japan. They are strengthening joint quality assurances activities with the major business partners.” (Gorden, n.d.) Toyotas philosophy is to make the priority for their customer. Toyota industry manage their products that meets the customers predictions. “The Toyota has developed a new industry of the product that says a lot about their products that defines a specific goal to incorporate quality in every stage from product planning and design to production preparation, sales, production and after sales services.” (Toyota Global site) Reference: · Toyota Global Site | Collaboration with Business Partners. (n.d.). Retrieved December 7, 2018, from https://www.toyota-global.com/sustainability/society/partners/ · Managing Inter-Organizational Relations. (n.d.). Retrieved December 9, 2018, from https://books.google.com/books?id=4SUpCwAAQBAJ&pg=PA217&lpg=PA217&dq=interorganizational relation of toyota to partners&source=bl&ots