Tech Industry

Five Key Obstacles To Building A Reliable Supplier Network For Small And Mid-Sized Manufacturers, And How Joining A Private Network Can Help Overcome These Obstacles

Download Now Date Added: Sep 2009
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For small and mid-sized manufacturers (less than $1 billion in revenues), the task of finding reliable and qualified suppliers can be even more difficult due to issues sited below. The top five obstacles to building a reliable supplier network are: 1. Limited human capital resources 2. Limited access to national and global supply chains 3. Limited supplier qualification and auditing processes 4. Limited negotiating power: for pricing and overall clout 5. Limited ability to "Build a bench" of suppliers across categories