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