Why is transparency important in selecting a partner?

Very often when you are starting the business, there is a strong reliance on brokers to manage your supply chain. However, with brokers, there isn’t a clear line of sight on who is actually producing the product. You miss out on important supplier relationship management (SRM) by allowing a broker to manage the supply chain for you.

By cutting out the middleman and creating more transparency throughout your supply chain, you will better understand the factory’s certifications, social mission, and labor force. This is important in growing a strong rapport and ensuring goods are delivered on-quality, on-cost, and on-time, every time.

Was this article helpful?
0 out of 0 found this helpful



Article is closed for comments.