suppliers

Build Better Relationships with Your Suppliers

April 9, 2020 TonyB Coachcasts, General Business 00:18:29 0 Comments

“Supplier relationships can help you win work and solve problems.”


In today’s episode, I discuss developing good relationships with your suppliers.

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Terminating a Subcontract or Purchase Order Agreement

October 9, 2019 TonyB Coachcasts, Project Management 00:20:56 0 Comments

“Contract defaults are costly for all parties involved.”

 

In today’s episode, I discuss how to handle a subcontractor or supplier default.

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Consider one of our coaching programs to get the support you need. Click below and complete the quick survey and we can schedule a call to discuss the benefits of working with me directly.

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Thanks for Listening!

Have questions or comments?

I would love your feedback:

  • Leave a review on iTunes or Stitcher. 1 Star of 5 Star, I love your feedback and read every review.
  • Leave a review on our Facebook page.

Listen Anywhere!

  • Subscribe on iTunes or Stitcher
  • Listen on Alexa just say “Alexa, play The Contracting Coachcast podcast.”
  • Online at ContractingCoach.com
  • or on your favorite Podcast Player

Want More?

Check out these other great resources:

Ask Coach – How Can I Get Better Credit Terms with Suppliers?

March 11, 2019 TonyB Ask The Coach, Coachcasts 0 Comments

E657: Getting Good Supply Deals

February 21, 2017 TonyB Coachcasts, Estimating 0 Comments

Materials can be a big portion of your estimate, negotiate good deals.

 

E656: Ask Coach – Managing Suppliers

February 20, 2017 TonyB Ask The Coach, Coachcasts 0 Comments

We rely on suppliers every day, make sure you get what you want from them.

 

E574: Communicating with Your Vendors

October 26, 2016 TonyB Coachcasts, General Business 0 Comments

Create solid relationships with your vendors with good communication.

 

  1. We rely a lot on vendors
    1. Suppliers, subcontractors, equipment dealers, etc.
    2. They support our business and help us grow
    3. We need to communicate with them
  2. Three key areas of communication
    1. Invoices, payments, etc. – the accounting stuff
    2. Project specific information like changes, schedules, etc.
    3. Issues and problems
  3. Communicate with your vendors just like your clients
    1. Create a communication plan – who communicates what and how
    2. Track your communication
    3. Create good, lasting relationships – you never know how they may help you one day

E521: Ask Coach – Better Supplier Management

August 15, 2016 TonyB Ask The Coach, Coachcasts 0 Comments

Take control of your suppliers with great communication and clear expectations.

 

Q: How can I get better control over my suppliers?

A: It starts with a good Purchase Order and excellent communication.

 

  1. Suppliers can make or break a project
    1. Late deliveries versus on-time
    2. Material problems like damaged product or wrong product
    3. Poor submittals
  2. Start by pre-qualifying your suppliers
    1. Just like any sub we should make sure our suppliers are up to the job
    2. Can they handle your needs
    3. Is this something they do regularly
  3. Write a good purchase order
    1. Always use a PO – your own not theirs
    2. Create a template
    3. Outline the requirements including expected durations
  4. Communication beats all
    1. Start communicating your requirements clearly during the buyout
    2. Keep them up to date with clear timelines
    3. Follow-up with them, never think that they have you covered, confirm it

E383: Managing Supplier Payments

February 3, 2016 TonyB Coachcasts, Project Management 0 Comments

Proactively manage your suppliers and the payment process.

 

  1. Managing suppliers and the payments
    1. Always buy using a Purchase Order
    2. Buy the best terms to fit your needs
      1. Sometimes it’s beneficial to pay a little extra for better terms and service
    3. Set up proper procedures
  2. Control your inventory
    1. Work with your schedule – order what you need
    2. Bill for stored materials if you can
    3. Time your deliveries to stretch the payables
  3. Tracking and communication
    1. As always – communication is key
      1. Let you vendors know how you work with them
      2. Let them know what you want
    2. Track all deliveries at the time of delivery – note any damages, etc.
    3. Let suppliers know what is going on

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