- Michael Tetreau’s Post

Happy Tuesday! Here's a thought to kick off your week: have you rang your supplier lately? 📞☀️ Building strong relationships with your suppliers is more about collaboration than mere transactions. It's about forging partnerships that pave the way for growth, resilience, and mutual success. Regular catch-ups can uncover opportunities for better rates, improved service, and valuable industry insights. In the dynamic business world, these relations often spell the difference between surviving and thriving. 📈 So, tell us: How often do you catch up with your suppliers? Dropping them a line might be the key to turning a good supplier relationship into an exceptional one. Let's chat in the comments! 💬👇 #BusinessGrowth #SupplierRelationships #EntrepreneurTips #AussieBusiness

Happy Monday! Here's a thought to kick off your week: have you rang your supplier lately? 📞☀️ Building strong relationships with your suppliers is more about collaboration than mere transactions. It's about forging partnerships that pave the way for growth, resilience, and mutual success. Regular catch-ups can uncover opportunities for better rates, improved service, and valuable industry insights. In the dynamic business world, these relations often spell the difference between surviving and thriving. 📈 So, tell us: How often do you catch up with your suppliers? Dropping them a line might be the key to turning a good supplier relationship into an exceptional one. Let's chat in the comments! 💬👇 #BusinessGrowth #SupplierRelationships #EntrepreneurTips #AussieBusiness

Ever wondered why negotiating with vendors feels like a never-ending cycle?  Discover how breaking this pattern and focusing on fair, transparent relationships can transform your business.  Watch the video for actionable insights. #VendorManagement #Negotiation #BusinessGrowth #SupplierRelationships #Transparency #EthicalBusiness  #msmestrategy #ConsultingExcellence #BusinessGrowth #LIPostingChallengeIndia

From Transaction to Partnership Supplier relationships are more than just transactions—they are partnerships. Rather than seeing suppliers as mere vendors, consider them as allies in achieving shared goals. When you foster collaboration, both parties benefit from increased efficiency, innovation, and value. Successful partnerships focus on long-term outcomes over short-term wins. So, when looking at your suppliers, ask: “How can we work together to achieve mutual success?” Tip: Take the time to understand your suppliers’ challenges and explore ways to solve them together. A partner who feels supported will go the extra mile. #BusinessPartnerships #Collaboration #SupplierRelationships #LongTermSuccess

Support Local, Negotiate Like a Pro! Empowering local businesses is good for our communities and our wallets! But negotiating with them can feel different. Here's how to strike a win-win deal: Build Relationships: Local suppliers often prioritize long-term partnerships. Talk strategy, not just price. Understand Their Needs: Supply chain challenges are real! Explore solutions that benefit both of you. Highlight Volume Potential: Larger, consistent orders can unlock bulk discounts for you and predictability for them. Think Long-Term: Negotiate contracts that benefit both parties over time. Negotiation is a conversation, not a battle. With collaboration, you unlock hidden value and support our local economy! #SupportLocal #NegotiationTips

Partnerships are about creating value for everyone involved, and require a deep understanding of the concepts of effort, delight, margins and the willingness to partner. The Value-Based Partnerships Strategy is a framework that helps professionals to explore the above concepts and how they can influence the success of an alliance between vendors and channel partners. You can read more about it in the following article and download the free e-book that details the concept even further: https://lnkd.in/eZZuaBTX #partnerships #strategy #value #valuebasedstrategy

Discover the Secrets of Finding Bestselling Suppliers for Your Business In this video, we share proven strategies to research and connect with top-performing suppliers in your industry. Learn how to leverage your competitors' bestsellers and overcome challenges to secure profitable partnerships. Don't miss out on this valuable information! #SupplierResearch #BusinessGrowth #SupplierPartnerships #CompetitorAnalysis #BestsellingProducts #ProfitablePartnerships #SupplierConnections #BusinessSuccess #FindingSuppliers #BusinessTips

 Are your vendor relationships truly providing value to your organization? It's crucial for IT leaders to distinguish between providers and partners. Here's why partnering can make all the difference! 🚀✨

Vendor programs are moving to become more global and support the increasing numbers of sales motions and partner types.

QBRs: Strategy or Sales Pitch? It's easy for QBRs (Quarterly Business Reviews) to slip into sales discussions when vendors showcase their latest products. But what If we refocused these meetings on strategic value and genuine efficiency improvements? Here's my take: ➡ 𝐂𝐥𝐢𝐞𝐧𝐭-𝐋𝐞𝐝 𝐌𝐞𝐞𝐭𝐢𝐧𝐠𝐬: Host and manage your QBRs through Vendor Management Team. This sets the stage for strategy, not just sales. ➡ 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐠𝐞𝐧𝐝𝐚: Work with Vendors but ensure the agenda balances both your needs and their offerings. ➡ 𝐒𝐲𝐧𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲: Foster a partnership that goes beyond transactions to include shared goals and mutual successes QBRs should focus on reviewing the current scope and maximizing the potential of your existing resources, making sure they deliver great value. It's not about buying new products or services. Instead, let's aim for a mutually beneficial relationship where both parties growth together PS: Are your QBRs managed by the clients or vendors? please comment below 👇 With love, Celia #vendormanagement #strategicpartnerships #quarterlybusinessreview Vendor Manager Hub