A supplier day becomes effective when three elements are present. First: a clear strategic message. Afterwards, suppliers know what your direction is for the coming year. Second: real interaction. Give suppliers room to respond via breakout sessions or round-table discussions. Third: make the appreciation tangible. Not through extravagance, but through the quality of the day itself. Suppliers who feel included and valued demonstrably perform better and are more loyal in difficult periods.
Want to know more about organising supplier days? Read our full article →