Nearly two-thirds of businesses are neglecting supplier communications

Nearly two-thirds of businesses are neglecting supplier communications

Almost two-thirds (64%) of enterprises don’t have strong communication channels in place with suppliers, according to a new survey by HICX. This comes at a time when supplier relationships should be more important than ever.

The Supplier Experience Survey provides insights from a hundred of the most senior procurement professionals from global billion-dollar organisations, including more than 30 respondents from enterprises with an annual turnover of more than $10 billion.

“In times of scarcity having resilient supply chains is the best way to gain a competitive advantage,” said HICX Chief Executive Officer, Costas Xyloyiannis. “To truly achieve this, enterprises must ensure they have the strongest, healthiest relationships possible with all their suppliers.”

Posted in

Share this post

Contact sales to discuss our products and solutions