Suppliers are Resources

Strong Relationships Should Create Mutual Success

As competition grows, many organizations are relying more and more on the strength of their supplier partners. A strong customer-supplier relationship is one built on mutual commitment to shape the future of both parties. Making time to collaborate and nurture the relationship is an essential component to a successful long term partnership. 

When we think about business relationships in the “good ole days” we think about a company that we’ve done business with for decades, a long standing relationship with evolving commitments. Often times we assume these types of companies and relationships are a thing of the past, but here in 2016 they are alive and well!

Benefits of Robust Supplier Partnerships in Today’s Environment: 

  • Innovative solutions with an in-depth understanding of a company’s abilities and limitations
  • Anticipating problems and offering solutions proactively
  • Commitment to continous improvement
  • Open sharing of informationacross multiple stakeholders and departments
  • Early supplier involvement in large projects
  • Investment in education and Support
  • Open communication

 

 

Does your supplier make the grade? 

Read more about “Strategic Supplier Partnerships”