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How to close your deal with supplier?

Your boss tell you that you must order20 items only, but all the suppliers accepts only minimum of50 items. How will you convince the supplier to accept your20 items?

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Question ajoutée par Jocker Santos , Administrative Assistant Supervisor , Premium Security and Investigation Agency Incorporated
Date de publication: 2013/07/04
Buthina Izzat
par Buthina Izzat , Admin & HR Specialist , freelance

check out what the supplier supplies more and get quotations and present your inputs with your manager before you think of closing the deal.

Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

A supplier is defined as the person or organisation that provides a product or service to another business.

Finding a reliable and competitively-priced supplier is vital to the success of your business.

To build strong business relationships with your suppliers, through good negotiation, collaboration, management and performance review skills.

 

The terms that you negotiate with your supplier need to be based on:

  1. the way that you pay them – bank draft, commercial bill paid for by bank, foreign currency

  2. potential costs - administration, taxation, transport, general payments and transactions

  3. possible risks - late payment to supplier, or faulty, late or undelivered goods

Once all the information is gathered, you are required to get an approval from your management.

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