how to strengthen supplier relationship

Schedule a Call. In short, the supplier relationship is essential to the smooth running of your business, and managing it is a key element of your procurement strategy. On the other hand, by respecting your contractual commitments, you can strengthen trust and collaboration with your suppliers. By dealing with issues quickly and effectively, you can demonstrate your commitment to the relationship, improve the quality of the products or services you receive, and even secure additional benefits such as discounts or special offers. Blog Archive. AP teams can time the withdrawal of funds for payment within hours, depending on the method used, and have access to their cash until that time — an important advantage, especially in times of economic uncertainty. Investing in sustainable supply chain practices can help improve the attractiveness of the company.

HOW TO STRENGTHEN SUPPLIER RELATIONSHIP / janiceclark.net

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