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Enhancing Supplier Collaboration: A Key to Business Success

- Enhancing Supplier Collaboration: A Key to Business Success

HICX has released its 2024 Voice of the Supplier Survey, building upon its 2021 predecessor, which revealed significant challenges faced by suppliers in working with some of the world’s largest businesses. Seeking to understand the current landscape, HICX conducted a new study to gauge the state of supplier experience today.

Read also: Squeezing Suppliers Must Not Replace Shrinkflation

The survey included responses from 1,000 suppliers serving large multinationals, typically with revenues exceeding $1 billion, operating in sectors such as consumer-packaged goods, aerospace and defense, and energy. Respondents, who interact directly with businesses in these categories, provided insights based on their experiences with their largest customers.

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