How do you identify and nurture innovative and high-potential suppliers?
In today's competitive and dynamic market, supplier quality is not only about meeting specifications and standards, but also about delivering value, innovation, and differentiation. How do you identify and nurture innovative and high-potential suppliers who can help you achieve your strategic goals and create a competitive edge? Here are some tips and best practices to guide you.
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Strategic relationship management:To pinpoint innovative suppliers, dive into market research and industry events. Forge strong bonds by understanding their goals and collaborating on a shared vision for the future.
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Tech-powered evaluations:Use supplier-facing IT systems to streamline first article inspections and quicken response times. Clear online workflows help iron out confusions, ensuring quality control is a breeze.