When Should You Fire a Non-Performing Supplier? [Plus+]
When is the best time to fire a non-performing service provider? Should we take action as soon as serious problems become evident? Once they’ve had a chance or two to sort out the issues (but have failed in those initial attempts)? Or only as a very last resort, after a lengthy period during which they can try to rectify errors? There are a number of key issues to be considered here. Read on for what these are, as well as for supplier management lessons that can be extracted from soccer clubs and their hiring and firing of managers.