Experts report strong supplier relationships key to success in 2022 – QNT Press Release


HOUSTON, Jan. 15, 2022 (GLOBE NEWSWIRE) — Leading Invoice Funding Company Charter Capital urged business owners to focus on their supplier relationships by 2022. While good relationships with suppliers have always been important, the slow recovery of supply chains means that key relationships can be the deciding factor in a business’s success in the new year. The company’s recent publication, How Factoring Can Help You Maintain Healthy Relationships with Suppliers, outlines the business case and offers actionable tips for strengthening supplier ties.The complete work is available at CharterCapitalUSA.com.

Before COVID-19, supply chains were tight, but conditions throughout 2020 and 2021 have pushed them past the tipping point, said Joel Rosenthal, co-founder and executive manager of Charter Capital. As experts such as Federal Reserve Chairman Jerome H. Powell predict, “the bottleneck will continue into next year,” Rosenthal said, and business owners must make supplier relationships one of their top priorities.

“It’s easy to overlook the importance of supplier relationships until something goes wrong,” explains Rosenthal. “However, it’s important to think of these connections as an investment in your business.”

Rosenthal describes supplier relationships as a “future-proof” way of doing business…

The full story is available on Benzinga.com



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