Is Your Supplier a Resource?
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 2022 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"
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