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Old 18th April 2017, 04:53 PM   #1
AngelBiz
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Join Date: May 2010
Location: Detroit, MI
Posts: 1,330
Default How To Build Good Relationship With Your Suppliers

How you approach your business’ suppliers should be a strategic plan in every business – whether selling products or services, all businesses are dependent on their suppliers. However, many business owners get this relationship backwards. To them, they are in a dominant position because they are the ones who write out the orders and checks; therefore, they can exploit this relationship by making unreasonable demands and even going as far as seeking personal perks.

It’s important you get something right – the relationship you have with your suppliers SHOULD be good if you want a reliable supply of products or services. When you find good suppliers, treat them like gold. Work hard at creating a mutually understanding and respectful relationship, just as you would with your customers.

Your suppliers do not only provide you with the services and goods you require to run a successful business, they are also critical sources of information, trade credit and advice. Be loyal to your best suppliers and you will be amazed at how your business’ growth and good health will accelerate. Here are a few ideas on how you can be a valued customer and someone every supplier wants to deal with.

Read more - http://www.smallbizviewpoints.com/20...our-suppliers/

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Old 24th April 2017, 11:34 PM   #2
JamieGabriel
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Join Date: Feb 2017
Location: Makati City
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Having a good relationship with your suppliers could help your business process since you and your supplier already know what you want and you know what they can deliver.

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Old 15th May 2017, 02:54 AM   #3
YourRetailCoach
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Location: Pune, India
Posts: 42

Default

Suppliers help you to make your business as well as they are the important source of information, advice and trade credit. Make a good relationship with suppliers by following the below points:

• Talk to your suppliers regularly.
• Pay your suppliers' accounts promptly.
• Communicate with a supplier before the due date for payment,
• Build good relations with your suppliers.
• Be fair but firm with industry sales representatives
• Monitor the financial position of your suppliers
• Address any concerns in relationships with your suppliers as they rise.
• Mention spoiled or faulty goods to the supplier promptly with proof

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