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Transforming Strategic Supplier Relationships into Competitive Advantage

Throughout this Intelligent Supplier series, we’ve explored eight key behaviours that define an Intelligent Supplier, highlighting how each trait contributes to a successful win-win partnership. The evidence is clear that the future of supplier–client relationships extends far beyond traditional transactional…

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What is commercial trust in strategic supplier relationships and is it important? 

Commercial trust in strategic supplier relationships concerns the way ‘on-the-ground’ behaviours impact the confidence parties have in one another. Essentially, doing what you say you’ll do, when you say you’ll do it, is a positive starting point for relationship building.…

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How to minimalise strategic supplier management risks on a complex project

In a recent article we looked at what experience tells us should be involved in good contract management and supplier relationship management within complex projects, and the main differences between the two disciplines. In this article, we look at the…

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What ‘really is’ a breach of contract and seven actions to take

The ramifications of a breach of contract in a strategic and/or complex project/service delivery relationship can be significant to your organisation, your supplier’s business, and for everyone who is relying on the completion of the project you’re working on or…

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Strategic supplier innovation; how the world’s most successful organisations stay ahead

‘Harmony’ is one of the elements that is good for business. However, the further reality is that there needs to be a little ‘constructive tension’ in any organisation, to challenge accepted norms, alongside the freedom to express these challenges to…

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FAQ: How do I protect our services if our strategic partner is sold?

While change can be worrying, often it’s the anxiety surrounding a prospective change in the status of your strategic suppliers/partners which can cause more uncertainty. Therefore, rapid, inciteful and accurate information to determine the validity and severity of an issue…

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Leading firms supporting strategic supply chain resilience: Six actions to take

They say that in a crisis you find out who you really are. In fact, US founding father, Thomas Paine said it far more eloquently than that in 1776 when he wrote: “These are the times that try men’s souls.…

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Your strategic supplier code of conduct – 7 elements to include in your policy

A research report on ‘The value of supplier codes of conduct: supporting transparency and improving performance’, co-authored by sustainability, business and human rights consultancy Ardea International and the University of Westminster Business School, has presented some interesting analysis. It includes…

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Oxford County Council fined £1.6m for procurement ‘systemic failure’: 4 ways to mitigate risk in your procurement process

In the public sector, procurement should have, at its foundation, strictly process-orientated procedures, with clear supplemental processes to make sure that solutions and services purchased are fit for purpose, not just that they follow legal procurement compliance. However, if those…

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Could EY be sued for $4bn by NMC Health’s administrators? A four-step guide to avoid this happening to you

New York-based turnaround management specialists, Alvarez & Marsal, were appointed as administrators of NMC Health after irregularities were discovered in the company’s accounts. By the end of 2020, it was reported they had issued a ‘preliminary notice’ of a potential…

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Apple investigation found labour abuses in supplier factory: 3 ways to encourage closer cultural alignment

Optics are important in today’s commercial world – how you ‘look’ in the eyes of your consumer matters, more than ever before. Companies invest heavily in developing their audience’s perception of their brand – the ethics, morality and mission that…

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7 Steps to Realign Your Strategic Partnership if Contract Model is Failing You

Strategic partnership relationships are inherently complex entities. At their outset, you will inevitably know less about one another than six to twelve months later. However, at the outset you are expected to develop a roadmap in the form of a…

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Strategic Suppliers: Procurement enhancement strategies to strengthen relationships, 5 observations

There are key differences in the core functions of private and public sector organisations. When you bring them together in a complex strategic supplier relationship, you will have some who will be fundamentally opposed to the partnership from an ideological…

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Network Rail: Five win-win strategic supplier collaboration actions that build stronger partnerships

Government support for British business has come in many forms throughout the Covid-19 crisis – always welcome and often significantly beneficial. Network Rail is one public owned entity that is doing its bit to help. It is representative of the…

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Boohoo’s billion-pound supplier cultural alignment problem; how to assure your strategic supplier’s values align with your own

A couple of months ago, news broke of challenges in a number of Leicester-based clothing factories. Reports suggested that workers were being paid below the minimum wage, with allegations of exploitation and human trafficking and of a workforce forced to…

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A strategic supplier success story: Ministry of Justice and Nacro

It’s encouraging to focus an article on a success story. The one that caught our attention is the strategic supplier relationship between the Ministry of Justice (MoJ) and social justice charity Nacro, whose role is to assist in the reform…

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Has the UK Government become its own strategic supplier through buying a satellite company?

A consortium led by the UK government and Indian conglomerate Bharti Global has won the right to buy ailing satellite business OneWeb (subject to approval from the company’s creditors, the U.S. Bankruptcy Court and regulatory approval) for USD$1bn. The UK’s…

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NHS Network Provider Redcentric pays £11.4m compensation and staff prosecuted for fraud; 3 lessons learned to apply to your suppliers

In June, NHS supplier Redcentric reportedly suffered a dual blow of financial and reputational loss. The reputational issues were related to the announcement that three former employees were to be prosecuted for ‘fraud, false accounting and misleading an auditor after…

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Free eBook: 8 Steps to Improve Outsourcing Performance

This 43-page guide will show you 8 little-known ways to help you to improve outsourcing performance

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