Finding a vendor requires a structured approach due to the complexities of service businesses. An organized selection process can lead to long-term partnerships and successful outcomes.
We developed a structured system to guide our vendor selection, allowing us to choose the right partners and build long-term relationships. This method has significantly improved our vendor relationships.
The first step in our process is to identify 50 companies that can fulfill our requirements. We call it 'The Rule of 50,' which helps assess market responses.
While selecting 50 companies takes time, we've found that it's an ideal number for evaluation, helping clarify our own needs and expectations in the vendor landscape.
Collection
[
|
...
]