Some Tips on Good Vendor Relationships

Hello,
Here are some really nice and useable tips.

1. Get to know your suppliers. Use new technology for communication, but don’t forget the personal touch of a phone conversation.
2. Consider your vendors as a part of your team and treat them as such.
3. Make sure they understand your needs and expectations.
4. Show appreciation for good service or for a new product that’s just right for you.
5. Pay on time. If you can’t, let your vendors know right away and work out a payment plan. That’s when knowing them personally will be invaluable.

Thank you for reading

Hello,
you have shared a very nice article. The information given by you is really genuine and practicle and useful in life. Always keep sharing your views like this.
Thanks for sharing

I would like to add emphasis to #5 above- nothing is more irritating than a client that never pays on time! If I have two clients that need the same sort of work done, and one pays on time (and the other doesn't), guess which client gets helped first?

I know that I'm not the only one that feels this way!

The No. 1 thing we’ve found is to clearly identify every task, lay it out on a spreadsheet, get agreement before beginning, then update the spreadsheet weekly with the status of each project. This helps to pinpoint problems, document progress, track mission creep and keep clients happy. It’s a technique I took from my Disaster Incident Management System training. They call it a ‘Tasks in Progress’ list.”