The SM team stumbled across a press release today in which a firm graded its suppliers in elaborately named categories.
They were as follows…
Golden suppliers - vendors who don’t bargain over prices and only produce goods with their own branding.
Royal suppliers - will produce goods to any quality, labelled with the customer’s brand.
Black horse suppliers - quote the lowest price possible, label to a customer’s requirements, but provide lower quality products unless tested.
What can be gained from pigeonholing suppliers?
Have you ever attributed a quirky name to a group of similar suppliers?