Supplier Partnerships

You can’t afford to ignore supplier partnerships

What characterizes a supplier partnership?

  • They are founded on mutual understanding and trust
  • Both partners share information openly
  • Both partners become more profitable

If you think this sounds more like a marriage than a business relationship, you’re right.


Read Rick’s Article:

Supplier Partnerships for Competitive Advantage


Advantages

Supplier partnerships afford these advantages:

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Video: Three Steps to Great Supplier Partnerships
  • World class pricing
  • Shorter lead-times
  • Enhanced quality
  • Greater profitability
  • Increased inventory turns

In a true partnership, the whole is greater than the sum of its parts.

How can supplier partnerships reduce risk? How can you prepare for successful partnerships? Can everyone win with supplier partnerships?

Read about one company who reaped unexpected rewards from supplier partnships, in terms of innovation, productivity and cost reduction.


Read Rick’s Article:

Getting It Together
Supply Chain Risk Management: Tornadoes and Earthquakes and Floods, Oh My!

Our Case Studies:

Setting the Foundation for Supplier Partnerships
Leveraging a win-win Relationship