Do you have Vendors or Supplier Partnerships?

So what is the difference between a vendor and supplier partner?

A vendor supplies products. Examples are; when at a sports or entertainment venue and you buy; soda, beer, food or candy.

Suppliers are enterprises providing goods and services that are recognizable to you as the customer.

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Cheap is Cheap – Buyer Beware!

A couple weeks ago I posted about Cheap is Cheap – Buyer Beware!

I discussed how buying cheap lets entropy into your organizations. We are seeing this play out in real time with the Boeing 737-MAX, DO NOT let this happen to your organization! It looks as though Boeing went with a low price contractor. Here are five things that can help you to avoid this type of error.

Do you have a buyers in a purchasing department or commodity specialist in a procurement departments?

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