Improving Buyer-Supplier Relationships Part III: Collaboration
- April 26th, 2012
- By: Loraine Lawson
You may have heard of a new trend called crowdsourcing, wherein you “outsource” brainstorming to social networks and other “crowds.” The idea is the more people involved, the more great ideas you generate.
When it comes to your supply chain, however, the best ideas aren’t likely to come from strangers. The best ideas will come from the suppliers already familiar with your needs — if you can capture those ideas in a useful, targeted way.