Having a clear understanding of your suppliers is key to vendor management.
- What suppliers do we use?
- How much do we spend with each vendor?
- What categories do they supply?
- What is the risk if we change supplier?
- What is the risk if this vendor goes bust?
All too often it is the least expected vendor that causes the greatest issues when they cease trading or stop producing the product you need.
Alternative Thinking have solutions to help you understand your vendors, risks and spend. Either as a one-off engagement or continual assessment we are able to help.