Supplier Solvency Warning Signs

3.67 (3 votes)

With publicly-held suppliers, it is relatively easy to identify when they are having financial trouble. With privately-held suppliers, your access to information is far more restricted. Discover the three warning signs to look for to determine if one of your privately-held suppliers is experiencing financial duress.

Charles Dominick

SPSM, SPSM2, SPSM3

Charles Dominick is the Founder of the Next Level Purchasing Association (NLPA) and co-author of The Procurement Game Plan: Winning Strategies and Techniques for Supply Management Professionals. Before founding Next Level Purchasing in 2000, Charles was a procurement professional at Kurt J. Lesker Company, US Airways (now American Airlines), and the University of Pittsburgh. He holds the SPSM, SPSM2 and SPSM3 Certifications and a Bachelor’s Degree in Business Administration from Duquesne University.