2015_Global SRM Research Report - Supplier Relationships

nonsense such as the adversarial accusations associated with non -

trusting relationships , which are much more dificult to maintain . With

a collaborative , trusting relationship things run more smoothly and , if

a problem does arise , it can be resolved in a quick and

straightforward manner .

So what does it take to become a customer of choice ? First , get the

foundation in place . Customers need to follow good business

practices that are conducive to suppliers wanting to work with them :

pay invoices on time , resolve any payment issues in a timely manner ,

and have purchasing personnel who are willing to work to develop

good supplier relationships . Second , build on this foundation with

relationship initiatives that benefit all involved . For instance , help

suppliers reduce their costs by sharing information with them early

in the product development cycle , and minimise any conflict

between purchasing and engineering or other functions in the

business .

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