Brent Dyer’s Post

Being an A-1 vendor is no easy task. Securing orders at the best price, forming effective teams, executing plans successfully, maintaining close coordination, and ensuring timely delivery—each aspect is like a building block that helps us maintain our reputation. If any block malfunctions, the vendor's reputation is at stake. The greatest part of this work is that the bigger the challenge, the greater the satisfaction after successful implementation. Competitiveness gives us an edge when we continuously deliver successful projects. While excessive expectations can seem like misplaced opportunities, true expectations rest on those who can shoulder responsibilities. The message is clear to all vendors: single, extraordinary efforts aren't enough to sustain in a developing market. One must achieve excellence every time, in every execution, to remain A-1 in the industry. Follow Dipendra Shringi for more exciting, engaging and encouraging posts. #VendorExcellence #IndustryStandards #SuccessInExecution

I don't like suppliers. Wait! hear me out! Here on LinkedIn many people interchange "Supplier", "Vendor" and "Partner". I think there is a BIG difference. Suppliers are for commodities. Vendors? A bit more specific. But Partners? That's where the real strategy kicks in. 📦𝐒𝐮𝐩𝐩𝐥𝐢𝐞𝐫𝐬 handle the basics. In IT, think about hardware pieces or software resellers. 🔧𝐕𝐞𝐧𝐝𝐨𝐫𝐬 meet specific needs but don't add extra value. 🤝𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 work closely with us to innovate and plan strategically. I've worked with many vendors that called themselves Partners, but true partnership is an achievement, not just a label. It's a win-win or nothing. ➡️ How often do you use the word supplier, vendor or partner? 👇Everyone here is a client or a service provider, I'd love to hear your perspective! ♻ If you've found this breakdown helpful, please repost and share it with your network! Let people know about the real impact of true Partnerships in Business! With love, Celia #VendorManagement #Businessstrategy #partnership Vendor Manager Hub

Part 5: Stop Overlooking Vendor Relationships! Let’s be real: if you don’t have strong vendor relationships, you’re setting yourself up for failure. Vendors aren’t just suppliers— they’re partners who should have your back when the pressure is on. If you’re only calling when there’s a problem, don’t expect them to rush for you next time. Build trust. Show appreciation. Your vendors will go the extra mile for you—if you invest in that relationship first. Agree? Disagree? 

You are who you are & where you are right now because of all your decisions & your own actions No one can decide how you live your life & no one can force you to do things if you don’t want to If you hate your work, you can just call your boss & tell him that you want to resign If you hate that your current IT vendor takes weeks to respond & get quotes back to you, you can switch to a vendor that actually cares about providing you the best #customerexperience possible It is your own thinking that stops you from getting what you want Why would accept having an IT vendor who just reaches out trying to push the next product or get the next PO from you, but then takes days & weeks to actually respond when you REALLY need support or a question answered? It is your thinking that is stopping you It is your own excuse saying that you can’t change vendors because you have too many commitments to your current one, or because they're a "big name" IT vendor so they must be the best You are stopping yourself from moving forward and changing things for the better When you understand that you are in control of your life & simplifying your businesses IT infrastructure design, support, and purchasing process, nothing can come in between what you want, except you So make the change to #thenerdsyoulovetoknow at the IT Outlet and stop holding yourself back! 605-274-3426 or [email protected]

Vendor lock-in can be a real challenge for businesses, causing reliance on a single vendor's products or services and making transitions to other vendors costly and difficult. This is a situation it’s better to avoid. This is why we are sharing a few tips on protecting yourself against this business trap here. By understanding these strategies, you can maintain flexibility and avoid the long-term constraints of vendor lock-in. This is why we are sharing a few tips on protecting yourself against this business trap. By understanding these strategies, you can maintain flexibility and avoid the long-term constraints of vendor lock-in here. Read more: https://lnkd.in/einY7DZT

Question: Is it OK for a company that hires you as a vendor to work for them servicing their customer base to NOT pay you on time? I have one company and I won’t name it as of yet that NEVER pays on time and they fee it would be bad of me to impose a 10% later fee on them. Or let’s say they have said in an email that they do not pay late fees. Am I missing something? Is it OK for them to take advantage of the vendors that they use to service their customers!?

Time to contract signature should be a KPI that you're tracking right now with your vendor contracts. -Benchmark performance. -Understand the issues that are coming up. -Make improvements. -Repeat. It doesn't have to be complex. But you soon realise that many of the problems were negatively impacting your colleagues who needed your help. Solve these, and things get better fairly quickly. Then, use this work to create accurate SLAs for every process phase up to the contract signature. What's your current approach to this?

Being an administrator is not an easy task. It requires making crucial decisions that impact the organization's financial and personnel aspects. From my experience, I have learned that choosing the right vendors is critical. The vendors we choose should not just be providers of goods or services but also our partners. Partnership with vendors who can make our staff's job easier and more efficient is invaluable. It creates a long-lasting value that cannot be measured by money. If vendors are only interested in making a quick sale, their level of investment in our success is questionable. Therefore, I prefer working with partners who are invested in our success as much as we are. Do you agree that partnerships are more valuable than just being a vendor? Share your thoughts in the comments below. #partnerships #vendorselection #efficiency #success

A lot of companies worry far too much about vendor lock-in. I think it's overrated. You went with a vendor because you or your team determined it was the right tool for the job at the time. There's always the possibility of the vendor pulling the rug from under you or a better offering appearing in the future. But these are things out of your control, and you can't predict them. Spending time and money on something that might never happen is unnecessary. Use what you have available now, and worry about vendor lock-in when it becomes problematic. Chances are it won't ever become an issue.