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Business Tip

Leverage your suppliers

Most organizations do not leverage the expertise and strengths that their suppliers have to offer.  Suppliers often will offer value added services to their customers that will help reduce their customer’s costs, enable improved efficiency, eliminate wasteful process tasks and improve delivery to end customers.  The extra value suppliers offer often results in added value to your end customers in the form of improved delivery time, improved quality and lower price.  One example is enabling a supplier to dropship finished goods in final packaging directly to customers.  This may eliminate repackaging, inventory management steps, reduce delivery time and reduce delivery cost.