Next Level Purchasing Association Podcast

Doing Better Business With Small Suppliers


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Small suppliers do have certain advantages such as fewer channels to go through to get responses and sometimes even lower cost due to less overhead. But you also need to understand that small suppliers can cause big problems when they perform poorly. Three precautions I recommend taking with a new, small supplier are: investigate the supplier's history, evaluate the supplier's capacity, and don't pay 100% up front.
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Next Level Purchasing Association PodcastBy Next Level Purchasing