Guide

Manage your suppliers

Introduction

Finding reliable and competitively priced suppliers is vital to the success of your business.

Your initial focus may well be on negotiating the right price and other elements of the purchase agreement. But in the longer term, strong supplier relationships and a collaborative approach can have more impact on the overall success of your supplier management.

This guide looks at how to manage working relationships with your suppliers, how to monitor their performance and the key issues when you end a supply contract.