Modern Supplier Relationships

Successful companies treat suppliers and customers as partners.

In old, adversarial producer-supplier relationships, the buyers pushed for lower prices and suppliers pushed for just the opposite. In today's era of systemic innovation characterized by the need for speed and flexibility all along the value chain suppliers and customers are tearing down walls.

State-of-the-Art Supply Chain

Benefits of a  Centralized Supply Chain Control Tower For Real-Time Visibility And Decision Making

Toyota Production System (TPS)

Team Up with Suppliers

If your company really wants to operate efficiently and win customers you should team up and build synergy with your suppliers rather than bargain with them... More

Partnerships

4 Ps

Develop Key Competencies Across Your Supply Chain

Understand key elements of customer value management, key value drivers, and value enablers

Develop a lean supply chain strategy according to organizational goals and objectives (→ Example)

If you are growing rapidly  and/or improve continuously, help your suppliers to keep up with you and improve accordingly.

Continuous Improvement Firm (CIF)

Green Procurement

Many large companies have launched comprehensive and innovative environmental programs on their own, not just for themselves but for their suppliers as well, most of whom are SMEs. This initiative, known as "Green Procurement" or "Greening the Supply Chain", means that the large corporations are using their purchasing power to ensure that their suppliers, which could be anywhere in the world, meet certain environmental requirements.

Circular Economy

Sustainable Business

Circular Business Models

Green Business

Green Procurement