Entering new supply chains presents a significant growth opportunity for a wide range of SMEs.
In addition to offering a new stream for business development, operating in new supply chains can greatly enhance a business’s growth potential and stability. By diversifying focus and expanding income streams into new sectors, businesses can unlock exciting opportunities.
Entering these supply chains involves navigating procurement processes and responding to tenders, while also knowing which opportunities best suit your business. This workshop is designed to help you identify and overcome these challenges, breaking down the barriers to successfully engaging with new supply chains.
Workshop Takeaways:
- Have a clear understanding of the types of opportunities available
- Create a draft strategic plan for tendering
- Identify new opportunities for diversifying revenue streams
- Understand how to navigate procurement processes and the language used
- Have a process for deciding which tenders to go for
- Develop a plan for ensuring you are “Tender Ready”