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Marisha I AM_HER

Build a NEW LIFE from digital products! Let’s start NOW! LIFE CHANGING DECISIONS

THE GAME CHANGER VENDOR LIST EBOOK OVER 150 VENDOR

THE GAME CHANGER VENDOR LIST EBOOK OVER 150 VENDOR

$132$400

This Template will teach you everything you need to achieve your goals. As long as you follow the steps below your business will be successful. Consider the following:

1. Categorize Your Vendors

Start by grouping your vendors so you can find the right source quickly when needed.

  • By Product Category: Create separate lists for different needs, such as clothing, electronics, or office supplies.

  • By Strategic Tier: Use a tiered approach to prioritize your time:

    • Tier 1 (Strategic): High-spend, critical suppliers (e.g., your main manufacturer).

    • Tier 2 (Important): Regular suppliers that are less critical but still high-volume.

    • Tier 3 (Commodity): General suppliers for items easily found elsewhere (e.g., packaging). 

2. Standardize Your Data Fields

To manage multiple lists effectively, every entry should follow the same format. A reliable vendor list should include:

  • Core Info: Company name, primary contact person, phone number, and email.

  • Logistics: Service locations, lead times, and warehouse locations.

  • Financials: Current price lists, payment terms, and any volume discount structures.

  • Compliance: Necessary certifications (e.g., fair labor, sustainability) and contract expiration dates. 

3. Choose the Right Tools

Beginners should start with accessible tools before moving to complex enterprise software.

  • Basic (Free/Low Cost): Use Google Sheets or Microsoft Excel to build initial tables. You can also use Canva to design "lookbooks" if you plan to sell these lists as digital products.

  • Intermediate (Project Management): Tools like Asana or Airtable allow you to set reminders for contract renewals and link vendors to specific projects.

  • Advanced (Vendor Management Systems): If your network grows, look into platforms like Kissflow or SmartSuite which automate onboarding and performance tracking. 

4. Maintain and Review

A vendor list is only useful if it is accurate.

  • Regular Audits: Conduct quarterly or annual reviews to check if pricing is still competitive and if the vendor's quality remains high.

  • Backup Planning: Always maintain at least two vendors for your most critical items to avoid disruptions if one goes out of stock.

  • Performance KPIs: Track simple metrics like on-time delivery rates and defect rates to decide which vendors to keep. 

This guide is for you if you’re looking to:

  • Achieve your Dream

  • Find Meaning in Your Work

  • Be Happy

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