
The most important link for a business to exist, to prosper or to sink depends solely on the customer - is what the articles would state and explain. There is however the supplier angle that we tend to forget about or these articles tend to miss out.
If business thrives on demand which translates into customers, then business breathes on supply or suppliers. Even if a business is creating a product the manufacturing process requires raw material which is received form a supplier. Cutting off this supply link would result in the business getting asphyxiated due lack of air to breathe.
It, therefore, becomes mandatory to judge and find out the supply chain and the suppliers when researching, prior to starting or running a business. While the customer or client is termed a team member of the business just for advertisement’s sake, the supplier in reality is a team member of the business.
Selecting a stable and reputed supplier, even at a cost higher than one that has not been verified, would give good returns in the long run. Keeping in close liaison with the supplier and especially in personal touch is essential for a pulsating business to continue. Given the modern means of communication, missing out on this aspect is quite natural and does happen, and online recruitment software has made this even more possible in recent times. Personal contact with the supplier ensures confidence build up between the two houses and this especially in times of low provides great help.
Just as words of appreciation received from a customer plays a lead role in furthering a business, the supplier too would be motivated if words of appreciation is bestowed upon the service and product that is being rendered by the supplier. In the same manner ensuring timely payment to the supplier would ensure regular supply of the material which goes into making the main product that reached the customer and termed as the business identity.
