TEP Hosts Supplier Day 2015

TEP Hosts Supplier Day 2015

On 16th July, TEP’s Singapore division hosted Supplier Day 2015. This event was dedicated to informing our suppliers and vendors about our company’s processes and projects, with the aim of building mutually beneficial relationships to further each other’s’ goals 
  
Besides presenting on our current and future projects, supplier characteristics we focus on and our business requirements for key suppliers, we also focused especially on projects which we did not secure. We shared some reasons as to why we were unable to, with the emphasis on how we may work together with our suppliers to strengthen our positions in our respective industries. This covered value engineering, innovation and pricing issues, as well as the benefits of being a key supplier to Trelleborg. 

The event was a success, with dialogue being freely shared between TEP and our suppliers. Our suppliers were receptive to our message, and in turn gave us feedback on how we may also play our part in improving the supplier-customer relationship. Examples include payment durations and enquiries into potentially branching off to supply our sister companies. By sharing our needs and how achieving them will also help our suppliers, we play our part in improving the supply chain in our industry
Supplier Day 2015