How to deal with a single supplier

17 July 2007

“Never rely on just one supplier,” buyers have often told me. But sometimes this seems unavoidable. Large construction or infrastructure projects often only employ a single contractor to complete the project.

But if you are reliant on one supplier or contractor to get the job done, what do you do if it all goes pear-shaped?

What can you do if one of your suppliers goes out of business or lets you down? What is the most effective strategy of managing this if it happens?

LATEST
JOBS
London SW1E
Circa £62-68k depending on experience, with attractive benefits
Girls' Day School Trust
Chelmsford, Essex
Up to £44,000 per annum
Essex County Council
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE