IS SUPPLIER RELATIONSHIP AS IMPORTANT AS CLIENT RELATIONSHIP?
Construction, as a business, does not only mean building your client’s desired project, but most importantly, to find the best material and service suppliers to help you achieve the overall expectation of your clients.
It is a challenge to find a construction firm in Davao City that offers a wide scope of services. This is how Argus Builders started its vision as a prime comprehensive Build and Design Construction company.
With their reputation in the industry as a Davao Builder, Argus Builders have made significant relationships with different suppliers of all sorts. As much as customer service or marketing is important in a company, supplier relationships also hold a critical key in running a construction firm.
Argus Builders Senior Engineer Aldrich Morante shares the importance of managing a strong and beneficial relationship with their top suppliers.
QUALITY
Morante said suppliers can positively or negatively affect the quality of a construction project.
“We are always after customer satisfaction so we assess and verify if the supplier we’re planning to get offers high-quality products or services. This also decreases returns, which adds cash to your bottom line,” he added.
TIMELINESS
Their timely deliveries are crucial to how customers view the firm's reliability. Morante said even a quick turnaround can become the key to minimizing your inventory. This results in less inventory obsolescence and decreases cash needs in your projects.
INNOVATION
The most important reason why you should take care of your suppliers is because they can make major contributions to your new product development. “The good ones will understand your company, its industry and needs, and can help you tweak your new idea,” Morante said.
When a firm has successfully built good relationships with suppliers, both parties benefit from reductions in costs and risk.
This arises because both know each other well and can hone their mutual processes to work more efficiently. In addition, strong relationships tend to bring huge benefits such as preferential pricing.
To conclude, good supplier relationship management indeed matters. The better a construction firm becomes at building them, the bigger the benefits are.
Argus Builders recognizes suppliers as a key strategic partner with a stake in overall project objectives. They recognise that supply partners have their own needs and objectives too so they communicate with them from a point of mutual understanding, and over time this will develop innovative, bespoke services which reduce costs, increase efficiency and ultimately boost profitability for both.
Are you ready to get your dream project into reality? Argus Builders have the best pool of engineers and architects with in-house printing and furniture manufacturers that bring the best value out of your money. On top of that, Argus makes sure to give you the best output by having a complete list of suppliers for all the things needed for your next construction project.
Reach them now at info@argusbuilders.com or call them at +639176267175 NOW.