Vendor Relations Strategies Sample Outline

One of the quintessential parts to any business is your supply chain. To insure that the supplies are there when you need them; in this new day and age of "just in time" distribution where very little sits on warehouse shelves until you order it you will need excellent vendor relations. Without the help of your vendors a small customer need turns into a astronomical problem and if you cannot solve it or serve your customer, you will indeed lose that customer to someone else who will. Someone who has constantly maintained a close relationship with their vendors in fact and can get what they need quickly with a simple phone. You say; "you wish it was that easy!" Yes, I hear you, yet I have seen over the years that with the proper vendor team, you can do anything, build anything, create anything and move forward faster than any competitor ever dreamed of. How do I know? Well, I built a multi-state franchise company with no outside investors from the smallest of small businesses, that's how.

Now then do you have a vendor relations policy, strategy or manual? We do and have for some time having learned the lessons the hard way and developing a strong set of team partners, which included every single one of our company's vendors. Below is an outline to assist you in developing your vendor strategy plan. Now remember my business is much different than your business. We are in the mobile car wash business so you will need to slightly modify this outline and then put pen to paper for about 3-4 paragraphs per item in the new outline you create by copying and modifying this one. When completed you will have all you need to build the next SpaceShip One. Think on this.

VENDOR RELATIONS

I. PLEASANTNESS

A. Treat Vendors Like You Want Customers To Treat You

B. Franchisor As Vendor

C. Suppliers List, Help Them

II. MISCELLANEOUS ITEMS

A. Tires

B. Gas

C. Conditioned Water

D. Laundry Mats

E. Health Food Stores

F. Lunch

G. Telephone Service

H. Internet Provider

I. Cellular Company

J. Wells Fargo

K. Hose Company

L. Etc.

III. TRADING

A. Lunch

B. Haircut

C. Gym

D. Tune-Ups

E. Be Fair

F. Have Fun

G. Refer Clients

H. Invite Co-Op Advertisers

I. Try To Trade Everything

J. Follow Through

K. Ask to Leave Flyers On Counters

IV. PAYMENTS

A. In Advance

B. In Cash

C. Call If Late

D. Drop Off Money

E. Personal Visits

F. C.O.D. - U.P.S.

G. Arrangements

H. Free Car Wash For Late Pay

I. Don't Say 'Check Is In The Mail'

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

---

To Go or No Go, That Is The Question

Last week we talked about a few of the ways... Read More

Why Do a Business Plan?

To Grow (Catapult) Your Business That's Why.When it's in your... Read More

Parking Business, the Details on Increasing Lot Revenue

If you are in the parking business and own or... Read More

How to Write a Business Plan in Five Steps

People often ask "What makes a good business plan? Or,... Read More

Business Problem Solving

Is there really anything as a problem? Does chaos or... Read More

Business Plan Long Term Goals

Writing a business plan is not an easy endeavor, nor... Read More

Business Plan 101 How to Write a Table of Contents

No matter what business you plan to start in your... Read More

Mining Market Data

With a heightened awareness of opportunity, ideas can often be... Read More

Are You Ready To Go International?

Although North Americans were the dominant population on the Internet,... Read More

More Uses for Your Business Plan

You have invested a lot of time and energy on... Read More

Vendor Relations Strategies Sample Outline

One of the quintessential parts to any business is your... Read More

Secrets Of Effective Brainstorming

Have you been in a "brainstorming" session where each person... Read More

Planning for Success

Business planning is widely acknowledged as one of the keys... Read More

Water Conservation and Water Issues for Mobile Car Washers and Auto Detailers

Obviously, there will never be an actual water shortage since... Read More

Financing Business Expansion for Your Small Company

How you finance the expansion of your business is important.... Read More

Microsoft Great Plains Implementation: Pharmaceutical Corporation Specifics ? overview

Microsoft Business Solutions Great Plains serves mid-size and large clients... Read More

The Accountability/Alignment Process: Three Steps to an Accountable Organization

The Accountability/Alignment Process: Three Steps to an Accountable Organization Generating... Read More

Don?t Just Talk About the Weather, Use It to Advantage

A well known, national chain of restaurants discovered that certain... Read More

Online Promotion: 10 Ways To Use Focus Groups To Ignite Your Profits

A focus group is a group of employees or current... Read More

Top Reasons To Form A Strategic Business Alliance

A strategic alliance is when two or more businesses join... Read More

The Power of Planning

I am surprised how few sales professionals, independent consultants, and... Read More

How to Achieve E-commerce Success ?You Gotta Plan!

Before becoming a netpreneaur, I was an entrepreneur. First, I... Read More

How Copying the HBO Schedule Can Boost Your Business

I'm not talking about posting the HBO schedule on your... Read More

Corporate Venturing For Emerging Growth Companies

The boom of the dot-com era in 1999 brought the... Read More

Abstract thought on Business Strategy and Nature

Here is an abstract thought on studying nature and the... Read More