8. Ensure resource continuity. One of the most common issues with IT supplier relationships and other partnerships is a lack of resource continuity, particularly when key individuals involved change.

Real-life examples exist of how organizations can re-evaluate and adjust their supplier relationship management. Swedish telecom company Telia Co . AB evaluated its suppliers to determine which would ...

Brex explores the five types of procurement that organizations employ today and explains the advantages for specific business ...

For example, a new report “Reinventing Supplier Relationship Management,” by APQC (American Productivity & Quality Center), says that about 80 percent of the organizations they surveyed have ...

You can also use tech solutions to better your supplier relationships. For example, you may want to invest in cloud-based technology that allows you and your suppliers to communicate privately.

Supplier Relationship Management Training. ... For example, in instructor-led workshops, the facilitator typically divides the group into pairs. One person plays the supplier.

As an example, he asks how often in personal relationships do people respond more quickly to someone they like than dislike. "In a supply chain context, that very much happens," he says.

To help you do this, Forrester analyzed examples of collaborative, mutually beneficial, successful buyer-supplier relationships, and identified three characteristics that are key to a successful ...

This study is in a business-to-business (B2B) context, focusing on the relationship between firms; for example, ... By ...

Introducing a new product into manufacturing is never an easy task, especially when using an outsourced supplier’s manufacturing. To help ensure a successful launch: Complete the design and ...

Auto supplier sentiment on relationships with Ford Motor Co., Chrysler parent Stellantis NV and Nissan Motor Co. Ltd. dropped year-over-year — results that could challenge the automakers ...