At HandiFox, we're constantly looking for ways to supercharge your business - be it through our comprehensive HandiFox mobile inventory management software, or through less conventional routes. So for this blog, we're going to talk about something that, at first glance, may seem completely irrelevant to your business, but on closer inspection can make a big impact on your relationship with suppliers and consumers: social media.
Social Media & the Supply Chain
Social media isn't just about Facebook. Social media, at its core, is any media-based platform that connects disparate parties. Social media is about sharing information, and that's what makes it such a powerful tool for relationship building and management. You can use social media to disseminate vital information to your suppliers for the purposes of education, boosting transparency, and increasing communication.
What's important here is to get out of the Facebook 'box.' Think about social media in new ways - instead of just telling your suppliers that you tend to need orders quickly, create an informative video that explains why that is. For inspiration on this, look no further than Lockheed Martin's Supplier Wire - a perfect example of a social media strategy that can better communications with suppliers.
If you have more questions about unconventional applications of social media or general questions about the inventory management process, we're here to help. Feel free to shoot us a message at our contact page, and don’t forget to check this blog regularly – we’ll be updating it with ever more useful tips on how to supercharge your business.