Strategic Account Management Association

APRIL 22, 2021

The first and perhaps most obvious is for the supplier, who is able to better respond to the specific needs and requirements of a customer, beyond merely offering a one-off product. What are the benefits of servitization? There are several benefits to servitization as part of a progressive, disruptive business model.

Manufacturing 520

Manufacturing Co-Creation Suppliers Account Management 520

Hubspot Sales

MARCH 10, 2025

A business credit score can affect your chances of getting a loan, supplier terms, or partnerships. Late or missed payments to vendors, creditors, and suppliers can lower your score significantly. Higher scores can improve loan terms, lower interest rates, and extend payment periods with suppliers.

Suppliers 98

Suppliers Insurance Negotiation Finance 98

The SAMA Podcast

AUGUST 31, 2022

When customers win, suppliers win. But what does that mean in pratice? Join Harvey Dunham and Denise Freier as they hear the story of how Gus Maikish capped off his career at IBM by orchestrating an incredible turnaround in a newly created position as the Managing Director of his global strategic account globally.

Suppliers 104

Suppliers Marketing Management 104

Strategic Account Management Association

FEBRUARY 23, 2021

Reduce boundaries between the firm and suppliers by creating teams that include people from both firms. (For more on creating teams within the strategic account management program, see “Addressing the New Normal: Creating Liquid Strategic Account Teams,” in the Fall 2020 issue of this magazine.)

Telecommunications 520

Telecommunications Decision-making Account Management Organization 520

Account Manager Tips

MARCH 23, 2021

Account growth, renewals and advocacy are difficult for indirect suppliers because procurement focus on spend management. Invested in the relationship and view you as a strategic supplier. Capture more spend away from alternative suppliers. The more your clients rely on you, the more difficult it is to change suppliers.

Key Account Management 246

Key Account Management Account Management Management Suppliers 246

Account Manager Tips

APRIL 2, 2021

The Art of Procurement podcast How much do you understand about the buying process, supplier management and procurement? How do they interact internally with stakeholders and externally with suppliers? How do they evaluate supplier performance? If you're like me, not a lot. What challenges are procurement facing?

Key Account Management 234

Key Account Management Account Management Procurement Management 234

Strategic Account Management Association

SEPTEMBER 22, 2020

At Advisory Board, we work with over 4,900 provider organizations, 90 health plans and 400 suppliers to produce syndicated research studies about U.S. More for health care suppliers and service firms here. health care dynamics.

Supply Chain 400

Supply Chain Artificial Intelligence Innovation Suppliers 400

Upland

MARCH 24, 2021

When we think about the relationship between customers and their suppliers – there are several similarities with personal relationships that we can draw from. That’s how it is in personal relationships and also in the relationships between customers and their suppliers. Relationship Reciprocity in Business: The Core principles.

Suppliers 195

Suppliers Leadership 195

Account Manager Tips

MAY 25, 2021

Viewed as a supplier of products and services. Clients developed a strong relationship with their suppliers and enjoyed greater benefits. Clients who are a good fit for your solution, and you meet their needs better than other suppliers. Sales people won the clients. Key account managers kept them. Undifferentiated.

Key Account Management 246

Key Account Management Account Management Management Suppliers 246

Holden Advisors

OCTOBER 4, 2021

As a supplier, it’s critical you 1) shore up your ability to deliver and 2) ensure your customers recognize the value of your reliability. If you can become a reliable supplier, it’s time to price for that ability. In many cases, that advantage is just having inventory to sell. What is one day worth to your customers?

Supply Chain 195

Supply Chain Suppliers Marketing Sales 195

Sales Gravy

FEBRUARY 4, 2025

Competition: If your customers finally land the big deal, they might still shop around to find the best supplier, leaving you in a second round of competition. Youre happy to help, but if they continually choose other suppliers or undercut your prices, you need to reevaluate the partnership. Identify these patterns.

Suppliers 81

Suppliers Construction Government Stakeholders 81

Strategic Account Management Association

MARCH 2, 2022

Our aspiration, I believe, should be to create a workforce that reflects the incredible diversity of our customers, our partners, our suppliers and our community. We are all in a race to attract, develop and retain top talent for our organizations. Again, it goes back to how we connect with people. Creating our dream team.

Emotional Intelligence 400

Emotional Intelligence Innovation Suppliers Leadership 400

Upland

APRIL 6, 2021

In fact, suppliers who adopted the Credo of the Sales-Ready Messaging wallow in a misguided comfort that their marketing collateral and sales documents are on message and so their work is done. Applying technology in this way is all about profitably scaling the confluence of supplier and buyer individuality. The future is here.

Suppliers 195

Suppliers Value Proposition B2B Profitability 195

Account Manager Tips

MAY 6, 2023

Are you curious about what your clients are really thinking? Wonder if they're hiding anything from you? Discover the 13 things they won't tell you.

Suppliers 100

Suppliers 100

Account Manager Tips

JUNE 29, 2021

Capture Strategy Tips A capture strategy identifies how to position organizations as the supplier of choice and convince clients to renew without considering alternatives. Suppliers submit proposals to provide them. Be a preferred or exclusive supplier. Develop the right relationships with the right people. Reduce payment terms.

Suppliers 246

Suppliers Shareholders Stakeholders Decision-making 246

Holden Advisors

OCTOBER 21, 2021

Let’s take a look at how GE evolved to a sole-supplier partnership with Boeing. GE won the deal and became sole supplier of engines for three versions of the 777. Under Jack Welch, GE developed the GE90 engine which had the greatest thrust of any engine in the world.

Negotiation 195

Negotiation Suppliers Profitability Government 195

Account Manager Tips

NOVEMBER 22, 2022

As a supplier you need to adjust fast and build a foundation of trust. My old contact has been replaced First things first: find out what they want 10 steps to become a supplier of choice Check these out Quote of the week. Pre-existing relationships with competitors that may jeopardise your current status as a supplier.

Procurement 130

Procurement Suppliers Supply Chain Key Account Management 130

Account Manager Tips

MARCH 23, 2021

Is your solution a good fit and does it meet your clients’ needs compared to other suppliers? To what extent will your customers invest in the relationship and view you as a strategic supplier? Clients who believe in joint success and consider you a strategic supplier. Products and services requirements. Culture of innovation.

Co-Creation 227

Co-Creation Key Account Management Account Management Suppliers 227

PandaDoc

MARCH 13, 2025

In business, consistent relationships between suppliers and buyers can make operations easier for both parties. The process of establishing a contracted pricing agreement depends on how the supplier chooses to approach these deals and how much leverage the buyer has in negotiations. However, this only goes so far.

Suppliers 52

Suppliers Negotiation Profitability Finance 52

Account Manager Tips

OCTOBER 21, 2021

Usually our clients are more important to us than we are to them Especially if you're not a major supplier. Rebalance your communication expectations to align with your value as a supplier. I once had a client who told me my category was 5% of their spend, so they only wanted to spend 5% of their time managing it. The more you know.

Key Account Management 246

Key Account Management Client Relationships Negotiation Suppliers 246

KAM With Passion

NOVEMBER 11, 2020

What is true in the private life is true in business as well, especially between a supplier and their customers. They need their suppliers to come to them with a “seek to serve” mentality. In order to understand their customer needs, in good like in bad times, suppliers need to run regular Business Reviews with them.

Key Account Management 130

Key Account Management Suppliers Account Management Account Planning 130

Flevy

JUNE 2, 2021

The Value Grid approach provides a perspective beyond traditional linear progression of activities, where organizations need to balance equilibrium between suppliers and manufacturers aside from concentrating only on reducing lead times. This assist them in planning and helping the suppliers manage materials and prices better.

Suppliers 110

Suppliers Manufacturing Decision-making Innovation 110

Strategic Account Management Association

OCTOBER 14, 2021

You can then use the account planning tool to paint a robust, beautiful picture of the strategic account by adding: Internal structure Key stakeholders Spending behavior Business model, business drivers/initiatives Value chain (suppliers, partners and key customers) Ongoing and potential business.

Account Planning 520

Account Planning CRM Account Management Decision-making 520

Vantage Partners

JULY 28, 2022

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Suppliers 83

Suppliers Negotiation Management 83

Hubspot Sales

NOVEMBER 22, 2019

Well, at least it did before you checked your inventory and realized you didn’t have the goods on hand to deliver and don’t have the cash to purchase what you need from your supplier. They review the purchase order and borrower’s qualifications to disperse funds directly to the supplier to fulfill the order at hand.

Finance 113

Finance Suppliers Manufacturing Management 113

Account Manager Tips

OCTOBER 11, 2021

Customers, competitors and suppliers Trends. They decide which suppliers get to stick around for the long term and which they show the door. How will are suppliers, capabilities and financial benefits assessed? Product, price, place and promotion Reputation. Of you, your customers and your partners. Internal resources.

Account Management 246

Account Management Key Account Management Management Suppliers 246

Hubspot Sales

MARCH 21, 2018

What do you like best about your present supplier? What might cause you to change suppliers?". What do you look for in your relationship with a supplier?". "Where would you put the emphasis regarding price, quality, and service?". What level of service are you looking for?". What don't you like?". How soon can we begin?".

Suppliers 87

Suppliers Sales Meetings Organization 87

Customer Think

JUNE 11, 2024

Business value is: — Created primarily by ALL non-customer-facing employees and suppliers. What is the employee experience and customer experience ROI connection? Let’s take a look at all the players and definitions. — Communicated by Marketing and Sales employees. — Rescued by Service Recovery employees. […]

Customer Experience 122

Customer Experience Suppliers Communication Marketing 122

Vantage Partners

JULY 28, 2022

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Suppliers 83

Suppliers Negotiation Management 83

Flevy

OCTOBER 23, 2023

Collaborate with suppliers, or rivals, to manufacture critical components cost-effectively. On the other hand, the impact of supply risks is evaluated by considerations such as availability, number of suppliers, competitive demand, make-or-buy opportunities, and storage hazards. Move towards reducing unacceptable sourcing risks.

Supply Chain 102

Supply Chain Procurement Suppliers Digital Transformation 102

Hubspot Sales

OCTOBER 25, 2019

Let's talk about supplier management. You need a specific product or service to run your small business, so you reach out to your suppliers and tell them what you need. By issuing purchase orders, small businesses can specify what goods and services they need from their suppliers and when they need them. They provide it.

Suppliers 132

Suppliers Procurement Small Business Negotiation 132

Hubspot Sales

NOVEMBER 8, 2021

As a wholesaler or supplier of high volumes of certain products, you're going to run into cases where you want a bit more from your buyers — instances where they might have the bandwidth to buy more but lack the motivation to. For instance, a supplier might offer a discount on any units purchased beyond an initial 100.

Manufacturing 126

Manufacturing Suppliers Profitability Construction 126

Hubspot Sales

NOVEMBER 16, 2018

This is how materials and resources are gained from suppliers before the final product or service can be developed. This is how the resources and materials for a product are sourced and suppliers are found. McDonald's has pre-selected, low-cost suppliers for the raw materials for their food and beverage items. Inbound Logistics.

Food and Beverage 142

Food and Beverage Logistics Suppliers Profitability 142

Jeffrey Gitomer

JANUARY 13, 2019

Here are a few of the sales jobs that fall under the definition of selling that a small business owner must perform: Getting credit from a supplier – Convincing your suppliers that you're credit worthy is sometimes as good or better than a bank loan. Getting something delivered on time – Sell the supplier that delivery is imperative.

Small Business 125

Small Business Suppliers Banking Sales 125

MTD Sales Training

MAY 3, 2020

From the customer’s point of view there are 4 types of relationships that they have with their suppliers. STAGE 2 – THIRD PARTY SUPPLIER. Order Taker? Trusted Advisor? Or Cheese Monster? How do your customers view you? You’ve probably heard from the powers that be that you need to “add value” right?

Suppliers 140

Suppliers Procurement Key Account Management Sales Training 140

Customer Think

SEPTEMBER 11, 2021

Cloud Computing as a concept has had a huge impact across all the sectors with improving the business processes, offering production dynamics, and strengthening the relationship with customers, users, employees, and suppliers. And, it […].

Insurance 119

Insurance Suppliers Acquisition 119