"Many suppliers are suffering customer churn and loss of revenue as a result of inadequate business review processes, according to new research by business review platform, Clientshare.
Eighty-eight per cent of buyer organisations state that suppliers aren’t demonstrating enough evidence of value and innovation in quarterly business reviews (QBRs), and more than three quarters (76 per cent) report that it often feels as though QBRs are merely a tick-box exercise for their suppliers. With 93 per cent of buyers reporting that they are looking at their supplier relationships with much more scrutiny than two years ago, Clientshare says suppliers need to “up their game” to maintain a competitive edge."
FMJ: Poor quarterly business reviews expose supplier shortcomings & risk revenue
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Download our research whitepaper, 'The QBR Frustration'
We interviewed 100 senior leaders of B2B enterprises across the Logistics, FM, Contract Catering, IT, RPO and BPO sectors from the UK and US. The research reveals the failures of today's QBRs and highlights the urgent need for better business conversations. Learn more about where you can improve your QBRs to protect your margin and grow relationships with buyers today.