How do you assess the readiness and capability of your suppliers to collaborate with you?
Supplier collaboration is a key aspect of supplier relationship management (SRM), which aims to optimize the value and performance of your supply chain. However, not all suppliers are equally ready and capable of collaborating with you, and you need to assess their potential before engaging in joint initiatives. In this article, we will discuss how to evaluate your suppliers' readiness and capability to collaborate with you, using some tools and techniques that can help you make informed decisions.