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Can Supplier Scorecards Work in Reverse?

Supplier scorecards have become dime-a-dozen in a number of organisations, providing procurement personnel with an opportunity to grade their suppliers performance and offer valuable feedback. However, what if we change positions? And let suppliers’ grade procurement professionals? The idea looked intriguing enough, so we thought we’ll delve deeper and rummage some interesting discoveries. Enabling your…

Through this article you'll gain useful insights about how to forge strong supplier relationships.

Supplier Relationship Management: How to Mend Broken Supplier Relations

Business and supplier relationships are built on trust. Losing a supplier might be a big setback for any company, however with some time and effort broken supplier relations can be rekindled, which is profitable to both parties. Buyer and suppliers share a symbiotic strategic relationship. Undertaking of any big project is a mighty task, which…

How to improve Supplier Relationship & Performance

How to Improve Supplier Relationship & Performance

Procurement companies and professionals alike are always hunting for techniques to review, concretize & improve upon relations with their suppliers.  The flipping of a calendar year provides a good opportunity to evaluate supplier performance in order to have seamless coordination whole year long. Nowadays, there are a number of ways to collect feedback. However, the…