A fresh perspective on supplier relationships
Despite beginning a new year, lasting supply chain challenges continue to hold businesses back, says Costas Xyloyiannis, CEO of HICX, a supplier experience management platform. He outlines why procurement must prioritize true supply chain resilience and addresses the imbalance and barriers plaguing most customer-supplier relationships
This year, business leaders are making it a priority to build resilience into their supply chains. In doing so, their relationships with suppliers are coming into view, and what’s being exposed are some significant fault lines.
But within the volatile landscape we continue to face, having supplier relationships that are strong and healthy is no longer a nice-to-have, it’s a business imperative. So, what can enterprise leaders do to put things right?