Caution urged on ditching suppliers_2
19 July 2012
Companies must be careful of their reputation with suppliers when finishing partnerships or they could end up paying higher prices elsewhere, a consultant has warned.
Susan Scott, a former purchasing manager who now works at Harris Consulting, told the National Association of Purchasing Management’s conference in New Orleans this month that firms could face unforeseen consequences if they did not tell suppliers that their services were no longer required until the last moment.
“The danger is that other contractors will start...