I hope that you have enjoyed the article “Ethics & Supplier Ideas.”

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The topic of suppliers bringing cost savings ideas to the table is one I could write volumes on. In fact, it was difficult to fit a conversation about the topic into the format I use for our PurchTips articles. But as I started thinking about the topic more, I realized that I could condense some guidelines even further into some simple do’s and don’ts of soliciting and using supplier ideas:

Do’s:

  • Do solicit supplier ideas. It is a growing expectation of professional procurement.
  • Do give yourself the flexibility to select alternate proposals.
  • Do stick to the rules that you set forth in your request for proposal (RFP).

Don’ts:

  • Don’t limit yourself to one way of doing things. Better ways may exist that you, your engineering team, your internal customers, or your company haven’t discovered yet.
  • Don’t share one supplier’s idea with another supplier.

There. An even more concise set of guidelines.

To Your Career,
Charles Dominick, SPSM, SPSM2
President & Chief Procurement Officer
Next Level Purchasing Association
Struggling To Have A Rewarding Purchasing Career?
Earn Your SPSM® Certification Online At
www.NextLevelPurchasing.com

Charles Dominick, SPSM, SPSM2, SPSM3

Charles Dominick, SPSM, SPSM2, SPSM3 is an internationally-recognized business expert, legendary procurement thought leader, award-winning entrepreneur, and provocative blogger. Charles founded the Next Level Purchasing Association in 2000, oversaw its incredible growth, and successfully led the organization to its acquisition by the Certitrek Group in 2016. He continues to blog and provide advisory services for the NLPA on a part-time basis as he incubates his upcoming business innovations. Charles is also the co-author of the wildly popular, groundbreaking book, "The Procurement Game Plan: Winning Strategies & Techniques For Supply Management Professionals."

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