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Vendor vs. Partner: How to Build Supplier Relationships That Boost Your Bottom Line

Jan 20, 2025

When you hear “supplier,” do you picture someone who just delivers what you order and sends a bill? 

That’s a vendor—a transactional relationship that doesn’t do much for your bottom line. 

But a partner? That’s a game-changer. Partners are suppliers who are invested in your success, offering support, flexibility, and collaboration to help you both grow.  

Let’s talk about how to upgrade your vendor relationships into partnerships that actually make your business stronger, more reliable, and yes, more profitable.

Step 1: Rethink the Relationship

Start by asking yourself: Are you treating your suppliers as disposable, interchangeable resources? If the answer is “kind of, yeah,” you’ve found your first problem. Suppliers aren’t just service providers; they’re stakeholders in your business’s success.  

When you invest in their success, you create opportunities for collaboration,...

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