Selecting a trading partner is becoming one of the most important tasks in the supply chain. At the same time it has become one of the biggest areas for potential mistakes resulting in financial disaster. Consumers are looking for more products available through multiple sources, lower prices, immediate availability, and reliable customer service. Delivering all that on slimming margins means both retailers and suppliers need to make the right decisions about what companies they partner with every time... not just most of the time. And that's why ec-bp.com is introducing the Trading Partner Scale. What's the Trading Partner Scale? It's a simple concept and a simple execution, and one that may save your company significant missteps both long term and short term. In some ways you can think of this as a commercial version of "Hot or Not" where trading partners are rated by their peers. But Trading Partner Scale is much more subjective, and therefore much more reliable in providing ratings for trading partners.
For the moment, Trading Partner Scale is in what we call 'tease mode' in that you have just enough information to let you know something is on its way. Look for full details in the next month. And if you have comments or suggestions, we're always interested.