Large companies want to work with small and medium-sized suppliers to benefit from their scrappy, innovative spirit. Small companies want to work with large enterprises so they can develop the processes and systems required to grow… that and for the sake of revenue stability.
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Bronwyn Reid. Bronwyn is the Founder of Small Company, Big Business, where she helps small to medium-sized enterprises translate how large organisations think, procure, and assess risk into practical actions that SMEs can execute.
Highlights
Bronwyn shares her experience working on both ends of the large supplier - small supplier continuum to address:
- Why large enterprises and small to medium-sized businesses struggle to get along
- The communications and understanding best practices that can help them both
- The incentives that exist for small suppliers and large companies to ’get it right’ by working together more effectively
