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November 25, 2020 by Eddy

The Importance of Finding the Right Suppliers for Your Company

If you run a company, you likely work with a variety of distributors in order to keep things functioning smoothly. Different businesses have different needs, of course, but one thing remains true regardless of the industry you’re working in: you need good suppliers in order to find sustainable success. As such, it’s a good idea to spend some time every few years investigating each of your suppliers to see if you’re truly getting the best deal possible.

Keep in mind that finding the right supplier isn’t always only about finding the cheapest price. Sometimes, other factors are just as important to consider as you evaluate your existing relationships with distributors. Product quality and customer service, for example, are two other ideas to keep in mind as you perform your vendor audit. After all, if you have a relationship with a supplier who’s less than communicative, it doesn’t matter if they offer the best price, since you’ll never be able to get an order placed in a timely manner! Read on to learn a bit more about a few of the different areas of business where it’s important to find the right suppliers.

Find an energy supplier with the features you need.

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Thanks to the global climate crisis, more and more businesses are starting to consider the environmental impact of their business operations. As such, they’re turning to more environmentally-friendly ways of doing business, including adopting more green energy practices. That being said, not every business is outfitted to receive green energy, even if the energy supplier you work with for your company’s utilities is capable of meeting these demands.

Having the right capacitor switch, for example, is necessary if you want to be able to use and store renewable energy. If you’re using equipment without the right capacitor switches, you run the risk of overloading your power system. Obviously, that’s less-than-ideal if you want to stay in business, so make sure to talk to your utility company about the right capacitor bank, circuit breakers, switching device, and semiconductors you’ll need to have the perfect combination to take a different approach to your energy.

Make sure your break rooms are well-stocked.

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Being able to provide your staff with the right snacks and drinks while they work might seem like a small perk, but those sorts of workplace touches can make a big cultural difference at your company. Even something like purified drinking water bottles or sports bottles can elevate your office beyond the traditional water cooler. There are plenty of local options to consider when it comes to finding the right beverage provider for your vending machines, break rooms, and more. Simply head to your favorite search engine and type in “bulk water bottles Canada” (or wherever you live) in order to find and compare different vendors.

Get a great deal on the technology you need to get the job done.

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While the above tips are focused on areas of your distribution chain that impact your building and the happiness of your employees, it’s important that your staff is able to be productive at work, too. Having the right computer equipment and other technology to do your work is crucial to the success of your workforce. However, it’s easy to get bogged down with being cost-effective when it comes to buying equipment at scale for each team that comprises your business. Before you buy new equipment, make sure to speak with the head of each department in order to make sure that you’re going to be meeting their needs. Marketing departments, for example, may need computers with certain graphics cards and RAM in order to handle video or photo editing software. By talking to each department before switching devices, you’ll make sure that you aren’t wasting money even as you re-evaluate your tech suppliers.

Filed Under: Business

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Hi Everyone. My name is Eddy and I'm a 28 year old American guy. I live outside the box and do things on my own terms. I quit my job a few years ago to pursue my writing passion, so here I am sharing this blog with you!

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