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How to become the supplier of choice

Aug. 23, 2022
A strained supply chain has highlighted the importance of relationships between fleets and suppliers. In this environment, maintaining relationships is as important as maintaining equipment.

In the hyper-competitive trucking industry, every business wants to be the supplier of choice for fleets—the company that gets called first when a fleet has a problem or has a need for parts and service. Relationships have always been important in trucking, but factors like the pandemic, supply chain disruptions, and technological change have underscored the importance of strong relationships between fleets and their suppliers.

These relationships don't happen without a lot of effort and trust. Even the closest connections can fail if they are not nurtured and tended to over time.

Becoming the supplier of choice requires some fundamental actions. Understand the fleet’s business. No two fleets are alike, even if they are operating in the same geographic area and have roughly the same number of trucks. To find out as much about your customer as you can, you need to continue asking questions as the relationship progresses.

See also: Suppliers see inflation as greatest risk to fleets

Discover what makes them unique and help them exploit that uniqueness. It is very likely that your customers’ businesses will change over time, so make sure you continue to stay up to date on any changes they are making. Figure out their pain points and devise solutions that address those obstacles.

Stay on top of issues that might affect your customer and share your concerns about things that you think have the potential to impact them. Offering assistance before they even know there may be a problem will show them just how committed to their business you are.

Make sure you communicate with your customers in the manner they wish, whether that is in-person visits, phone calls, emails, or texts. Be honest, direct, and transparent in your dealings. Deliver on your promises to them and never promise more than you can deliver. If a problem arises—and at some point in your relationship, there will be a problem—acknowledge it and work to resolve it quickly to your customer’s satisfaction.

Demonstrate to your customers that you are working to continuously improve the products and services you offer them and that you are investing in new technology that you can leverage to help them be more efficient.

Becoming a supplier of choice comes down to executing well on some fundamental relationship principles and proving that you are the go-to source for your customer’s concerns.

Patrick Gaskins, SVP of Corcentric Fleet Solutions, oversees both sales and operations for the company's fleet offerings. Gaskins joined the company in 2010, bringing more than 30 years of experience as a financial services professional in the transportation industry. He leads a team that works with a supply base of more than 160 manufacturers to help the country’s largest fleets manage all aspects of their fleet operations and fleet-related spend.

About the Author

Patrick Gaskins | Senior vice president, Fleet Solutions

Patrick Gaskins is a financial services professional serving the transportation industry for over 30 years. Gaskins earned his BBA in Finance from the University of Miami, FL in 1989, and received his CTP certification from the National Private Truck Council in 2002. He has held positions with GE Capital, TCF Equipment Finance, and various small independent lessors. 

He began his career with Corcentric in 2010 as Vice President of Financial Services, was promoted to Senior Vice President of Sales and Operations, and is now taking the role of Senior Vice President, Fleet Solutions.  In his new role he will lead Corcentric’s Captial Equipment Solutions, Fleet Procurement, Supply Management, and Remarketing teams. Gaskins will bring to the Fleet practice his expertise in developing data driven solutions to complex transportation transactions, driving efficiencies, and reducing expenses for Corcentric’s customers.

The Fleet Solutions practice leverages technology and the purchasing power of over 1,700 member fleets operating approximately 800,000 assets to provide its members with access to cost effective national account purchasing programs, fleet financing, asset management, and remarketing services.

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