Do you value your suppliers? Here’s why you should.
Today’s post is our SafeSourcing Archives
Suppliers offer a great value to sourcing events. Typically you can use the suppliers’ knowledge on their industry. Without having a knowledgeable supplier base, your sourcing events will not be successful.
By leveraging a Request for Proposal, a company can ask the vendors the best plan for their needs, thereby receiving a broad range of solutions to the problem. Much like technology, the supplier communities are constantly evolving, and typically if you run an RFQ in 2012, there will be major industry changes by 2015.
When you leverage the supplier community, you can find the best way to run an RFQ to match the industry. When you match the quoting process to the industry standard, you will receive apples to apples quotes.
SafeSourcing can help leverage the supplier community within any industry. For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative. We have an entire customer services team waiting to assist you today.
We look forward to your comments.