How can suppliers demonstrate added value to procurement?

Suppliers can demonstrate added value to procurement by generating ideas for continuous improvement. This approach shows their commitment to ongoing enhancements in processes, products, and services, ultimately leading to better efficiency, quality, and innovation. By contributing ideas that can refine operations, reduce costs, or improve product offerings, suppliers position themselves as strategic partners rather than just transactional vendors. This collaborative relationship fosters trust and can enhance the overall performance of the procurement process, benefiting both parties involved.

The other options do not contribute to added value in a productive way. Increasing prices doesn't enhance value; rather, it could strain budgets and lead to negative perceptions. Limiting information about resources creates barriers to transparency and trust, which are essential in strong supplier-buyer relationships. Finally, delivering products less frequently could disrupt supply chains and does not align with creating value through reliability and efficiency.