Friday, February 5, 2010

Getting The Best Out Of Your Vendors

  1. Know your supplier.
    Research them on the internet.
  2. Express your needs and expectations.
    Make sure your vendor knows exactly what you are looking for, .
  3. See them as an extension of your team.
    They have “specialized” resources that might be of good use to you. Integrate them in your communication.
  4. Give them the credit they deserve.
    Recognize them when they do a great job. Give them constructive feedback where you see opportunities for growth.
  5. Pay on time.
    Your supplier has to bills as well. Communicate in advance if you can’t for whatever reason.

If you apply above, your vendor will become a partner, and partnerships go a lot further…