oboloo Glossary

Key Supplier

Key Supplier

A key supplier is a company that provides goods or services to another company in a way that is essential to the first company’s operation. A key suppsupplier relationship is typically characterized by one or more of the following features:

-The supplier provides a unique product or service

-The supplier has significant market share

-The supplier is essential to the buyer’s brand

-There are few substitutes for the supplier’s product or service

-The buyer is heavily reliant on the supplier

A key suppsupplier relationship can be beneficial for both parties involved. The buyer gets access to a necessary good or service, while the supplier gets a stable customer base and predictable revenue stream. However, there can also be downsides to being a key supplier, such as being at the mercy of the buyer’s whims and having little negotiating power.

Want to find out more about oboloo?

Find out how oboloo can give you visibility and control over every part of your procurement process

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Menu

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2023 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971

Skip to toolbar