Supplier Matrix Partnerships
Who to Partner With and How
The work I do and love is officially branded as “Supplier Relationship Management” (SRM) – when managed thoughtfully, your supplier partners become more than isolated relationships, they become a matrix – the engine that can propel your business forward.
Each supplier matrix is as unique as the business itself, influenced by what your customers want, as well as the changing dynamics of the marketplace. What’s more, each matrix will evolve as the business and industry mature.
Successful management of your supplier matrix comes down to understanding two ideas: what makes a supplier great and what makes a great supplier for you.
Our resources will help you build that matrix and a thoughtful vetting plan:
Moving Forward As you’ve already probably deduced, lists factor quite heavily into the vetting process. In fact, in the last several articles, I’ve given you lists of categories to vet . . . and lists of questions to ask. Now, I must admit these articles have been fun to write, because I heart lists. … Read More