The Benefits of a New Owner Reviewing ALL Existing Suppliers as Part of Due Diligence
As part of acquiring a business, reviewing existing suppliers is crucial to ensure they align with your strategic goals, quality standards, and financial expectations. This evaluation allows the new ownership to identify and address any inefficiencies or risks...
Why Reviewing Your Suppliers Pre-Sale Makes Solid Commercial Sense
In today’s competitive market, assessing suppliers pre-sale has become an essential step in appropriate due diligence and building strong, resilient supply chains for post-sale. A thorough pre-sale review allows businesses to understand potential suppliers’...
The Benefits of Using Tendering for Purchasing Non-Inventory, Off-Contract and Non-Core Goods and Services
Non-inventory, off-contract, and non-core purchasing can greatly benefit from being tendered out through a structured procurement process. Here are some key advantages: Sneaking Under the Radar: When times are good, the purchasing of all these accumulates to form a...
You Have to Kiss a Lot of Frogs
There's an old saying: "You have to kiss a lot of frogs before you find your prince." Recently, I've encountered my share of "frogs" (and a few "princes"), which reminded me of this phrase. In business, one of the biggest challenges is maximising productivity and...
How Supply Chain Diversity Reduces Critical Risks in Your Business
The Importance of Supply Chain Diversity for Risk Mitigation and Business Resilience Supply chain diversity has become a critical strategy for businesses aiming to reduce risks and enhance resilience. Here are a few key reasons why a diverse supply chain is crucial...- 7 State Warehouses Charged 7 Different Prices for the Same Service
- Your Outsourced CFO Can Save You $50,000** by Reviewing Your Current Suppliers
- How Can You Have an Immediate Impact on 2025?
- How Should You Rate and Then Weight Your Suppliers’ Proposals to Get the Best Value?
- Supplier Evaluations, Comparisons or Negotiations: Which is Better?
