26 Apr '17, 8pm

5 #SupplyChain #Risk Pitfalls for Early-Stage Companies via @EBNonline

5 #SupplyChain #Risk Pitfalls for Early-Stage Companies via @EBNonline

Search engine strategic sourcing. Search engine optimization is not a replacement for due diligence when it comes to selecting essential tier one suppliers. It is important to find credible, established, and viable sources of supply that can support early stage companies in product development projects. This can also help a company to scale when their business succeeds. Strength of critical suppliers is the foundation of an effective supply chain management strategy. Predatory suppliers. Treat cold call suppliers like you would window replacement sales people coming to your home at dinnertime. All suppliers are looking for the next big thing and troll the early stage incubators and maker spaces for easy marks. While supplier relationships are critical to business success, be careful of the sweet-talking suppliers who just so happen to be in the neighborhood and stumbled on...

Full article: http://www.ebnonline.com/author.asp?section_id=3950&doc_i...

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