Supplier Development for Small Businesses in the Age of COVID-19

How your business can get supplier development support from your own clients during the pandemic? Supplier development activities are initiatives and investments set forth by a buyer to help enhance the performance of their suppliers. Supplier development can be in the form of training, technical support, financial loans, or proactive auditing and monitoring. The extent of investments made by buyers can be small and short-term or very large and long-term. Supplier development initiatives can also be risky because suppliers can leverage the skills and training to enhance their competitiveness with finding other customers. In this webinar, we will discuss how your small business can better position itself to receive assistance and support in the form of supplier development from your own clients.