I hope you would agree that your suppliers and vendors play a key role in your showroom success. Having a formalized system in place to track and evaluate supplier and vendor performance is essential to the smooth operation and proper profitability of your showroom.
The most successful showrooms embrace their suppliers and vendors, viewing them as partners in helping to grow the business. Making sure that you maintain a mutually beneficial partnership will impact the price you are negotiating today and the quality of service you get in the future. You and your most important vendors need to have strategic meetings to review the performance of both parties.