7 Ways to Better Manage Suppliers
If you’re like the typical business owner, you spend a lot of time worrying about your suppliers. After all, your suppliers are the ones who help you get your products to market! It’s essential to have a good relationship with them to ensure that your products are made efficiently and on time. In this blog post, we will review 7 strategies for managing supplier relationships and achieving better results.
1. CONSULT WITH YOUR SUPPLIERS & SEE THEM AS PARTNERS
Getting input and seeking constructive feedback is a great way to build a true partnership rather than a relationship based on an economic transaction.
2. CULTIVATE LONG-TERM PARTNERSHIPS
Long-term partnerships allow you to create a more trusting relationship, ensuring supply even when faced with disruption.
Read the full article from our partner Expense Reduction Analysts or contact us for more information.