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Home > How Does your Preferred List Stack Up -Auditing Supplier Relationships-
How to Audit Your Preferred Vendor List
Determine the Quality of Your Strategic Partners

Each year sees shifts in the marketplace as new suppliers enter and existing ones change. Making sure that your strategic relationships are with the right organizations is crucial to the success of your operation, but determining the value of a supplier can be difficult. Factors like a supplier’s operational capacity, geographic range, and quality of product all affect your business, and it is critical that you continually audit existing partners to stay on top of changes.

In How Does Your Preferred List Stack Up?Benchmarking Your Supplier Relationships,

you will learn:

 ・The benefits a strategic partner should be bringing to your company

 ・Which criteria to use when gauging a new supplier

 ・How to find the information you need to make a considered decision

Make sure that your company has partnerships with suppliers that add value rather than put you at risk.