Relationships with your vendors are just as crucial to business success as working with your customers. Ineffective vendors can make your business suffer and that’s the last thing you want to happen, right?
If your business has grown—or you see growth potential—be sure your vendors have your back. The competitive market we are experiencing means you can demand more from your vendors. Now is a great time to evaluate your vendor relationships to see if they are still working for you.
The first question to ask is, “Do I have a solid, healthy relationship with my vendors, or are they just billing me?”
I’ve compiled a list of questions to use as a guide to evaluate your vendors’ performance, and what they should—and shouldn’t be doing.
If you are confident your vendors meet your needs, they are there when you call on them, and they give you the respect you deserve, then by all means they are keepers. But if you have any doubts or too many negative answers to these questions, sit down with them to discuss your issues and where they may fall short. There might be misunderstandings about expectations that can be easily resolved.
Consider it tough love—you need to get tough so your vendors know you demand the best from them. By building strong relationships with your vendors, they’ll be committed to go the distance for you.
If those relationships and the commitment aren’t there, it’s time to take the next step and look for a new vendor. Yes, it might take extra work to search for another vendor, but it’ll be worth it when you find the right fit and your business succeeds.
As one of the premier providers of fire and security solutions in the Upper Midwest, Brothers Fire & Security strives to build long-term, value-added relationships. We work with business owners and property management companies, as well as all types of public institutions to solve fire and security needs. By taking advantage of our integrated bundled services, many of our clients find that they can save 25-30% on their safety services, annual inspections and more. From a single location to franchises throughout the region and the country, our integrated approach saves our clients valuable time, money and stress. We provide fire protection systems, security systems, fire sprinkler systems, fire alarm systems, 24-7 monitoring, fire extinguishers, card access and kitchen hoods.