ABSTRACT
One of the key causes of losses in profitability is the lack of attention to supplier effects on the top and bottom line. This may be due to the relative inexperience of administrators or the lack of interest in what may appear to be a mundane subject. It is important to recognize that there is potential for profit improvement in capturing the low-hanging fruit obtainable through supplier improvement. Therefore, businesses large and small could improve profitability through the application of supplier enhancement modifications.
