2015_Global SRM Research Report - Supplier Relationships

SUPPLIER VIEW

WHAT SUPPLIERS WANT

To secure the commercial advantages of a strong

relationship withsuppliers , companies first need to address

the barriers they themselves have put in place

On average , State of Flux conducts one or two Voice of the Supplier

( VoS ) studies for clients every month – that ’ s more than 1 , 200

different suppliers in the past two years . These give us a unique

insight into industries as varied as the automotive , financial services

and food and drink industries . From this work we have identified a

number of consistent themes that exist across sectors and that send

a powerful message to business leaders .

It is also worth pointing out that many leading companies conduct

their VoS studies to increase mutual understanding and ensure that

they are remaining customers of choice . Such VoS studies have

three key uses : they enable the company to assess whether it is

operating in a way that gets the best out of its relationships with

suppliers and whether there are any gaps that threaten its standing

as a customer of choice ; they can add suppliers ’ perspectives to any

business case being made for change or investment ; and they can

position the customer as one that is prepared to listen and engage .

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