How should I manage my supply chain relationships?

It’s important for businesses trading cross-border between Ireland and Northern Ireland to invest time developing good working relationships with their suppliers, as this could ultimately present benefits for the company such as cost savings, improved quality of product and faster delivery times.

Contract agreements: It’s good practice to review your contracts regularly to ensure the agreement is still relevant for your business as this will allow you to discuss any areas of concern with your suppliers and/or make amendments when possible. 

Communication:  Keeping regular, open, and transparent communications channels with your suppliers is key to building strong working relationships which should prevent any misunderstandings and potential disruptions to your business operations. 

Challenges and concerns: It’s important to be open and transparent with suppliers on any concerns you may have, so that you can both discuss these issues and resolve them together.

Our comprehensive article about supply chain and supplier relationships has lots more information, tips for developing successful supply chain relationships and answers questions about what you need to consider when changing suppliers.