Supplier risks can have a major impact on your business through the value chain from supply to the end-user. There is a lot of value in having basic expectations in place with your suppliers to ensure that your business continues to operate successfully. (Also see Business Risk).
Every supplier will always seek the best margin for greatest quantity, at a quality that is fit for use. Best value purchasing considers all of the dynamics involving each supplier in conjunction with your business requirements.
Warehousing and transportation. (DIFOT) Delivered in Full and On Time, can be a make or break component of your business, especially if you’re warehousing or transportation are contracted to a third party provider.
Active BSS will assist in identifying and implementing the expectations your business needs to remain successful.
