Supplier Preferencing

[@firrerr1835]

Please what is the characteristics of supplier preferencing model

[@BusinessAcademyOnline]

The supplier preferencing model is used to see how the supplier sees YOU the buyer. It’s a way of managing risk because if you have a strategic supplier that sees you as a nuisance or exploitable customer then this creates a huge amount of risk

[@firrerr1835]

BusinessAcademyOnline can we say say cost, quality, financial stability and strong service example o characteristics of supplier preferencing model??

[@BusinessAcademyOnline]

@@firrerr1835 those are characteristics that would make a company more attractive to a supplier absolutely