Supplier boycotting your business
- Thread starter Stardom22
- Start date
Honestly, I do not understand you assertion in the thread.
Supplier rarely boycott our business because they are also involved in business and it is their duty to deal with us so nicely. When they boycott our business then there must be some very strong reason one of which could be our regular failure in payment.
Another reason could he how you price. Back then while i was working under someone as at last year. There where some suppliers who usually complain about how my boss always under price things, hence they always loose out when it comes to our office.
There are several reasons that make suppliers boycott our business, including if our business has a bad track record in payments, debts accumulate, they don't take good care of the goods they entrust, there is fraud or price discrepancy that doesn't reach a meeting point, and so on.
No business supplier will like to supply his products and services to someone that will owe them for a very long time because this is not good for business.
It could just be that they find a customer who pays higher than you pay. They would stop supplying you and focus on. the high paying customer. Profit maximization at its peak.
There are so many betrayal activities going on around business and one need to be very careful.
The main reason why a supplier boycotting a business is the business not paying on time. Other reasons may include you are not selling their products and offer after sales support properly. If for some reasons your company's reputation has been hurt badly, the supplier may also hesitate to allow you to act as a reseller of their products.
It could also be because of limited stock on the part of the supplier. If it happens that the demand is higher that the stick he usually has, he would boycott some customers.
