Procurement Tips: Partnerships
On the same line to strengthen our supply chains is building relationships with strategic business partners. These vendors selected as strategic business partners understand the goals of the organization. Make it clear that you’re looking for a long-term sourcing relationship. The alignment of business goals needs to be passed along the line from manufacture to distributor. This will enable the relationship to leverage spend and forecasting needs for the future. Know where your products are manufactured, and the warehouse distribution. The goal is to get the product closer to the end-user quicker, at a higher quality and better price.