Think Win-Win

Align Processes

Build Synergies

Harness Diversity

Build Trust

Co-Innovate

 

 

 

 

Successful companies treat suppliers and customers as partners.

If your company really wants to operate efficiently and win customers you should team up and build synergy with your suppliers rather than bargain with them. When you start working together with your suppliers to align your processes and eliminate the friction that costs you both time and money, you can please more customers down the line and create a win-win situation for both of you.

 

Partnerships

4 Ps

Master of Business Synergies (MBS)

MBS vs. MBA

Synergistic Partnerships

 

 

 

 

 

 

Integrate virtually and co-innovate with your suppliers. Virtual integration is characterized by culturally different value-added relationships between manufacturers and suppliers who are working together for a common cause.

 

State-of-the-Art Supply Chain

Virtual Integration

3 Action Areas

 

 

 

 

Manage corporate cultural differences in the supply chain and harness the power of diversity.

 

Synergize Diversities

 

 

 

 

 

Build trust into your supply chain to receive more value from the suppliers in terms of costs, quality, technology, cycle time, and more.


Trust as a Source of Competitive Advantage

 

Leanest Value Chain example - joke, funny picture, boy sucks milk

 

 

If you are building a fast company, get your suppliers to move fast as well.

 

Fast Company

 

 

 

 

 

 

Green Procurement

Many large companies have launched comprehensive and innovative environmental programs on their own, not just for themselves but for their suppliers as well, most of whom are SMEs. This initiative is known as "Green Procurement".

 

Green Business

Sustainable Business

Circular Business Models

 

 

 

 

 

 

 

 

When there is a supplier performance problem, don't replace them. Keep them and help them improve instead.

 

Continuous Improvement Firm (CIF)

 

 

 

 

 

PowerPoints for sale

Smart & Fast

Efficiency & Quality