I agree with you completely. Paying them on time will definitely build trust and loyalty. As you do this, the relationship between buyer snd supplier is moving to the next level.
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I like the idea of paying on time they need to make the feel good by making prompt payment.Always pay on time; understand their problems when they happened and communicate on a regular basis.
Maintain good relationship with supplier is A MUST. We need each other, so we have to make sure we have mutual feeling of each others (in term of business of course). I always paid them ontime, never late. Its one of the reason why we maintain a good relationship so far.Without having good suppliers to always give us our supply at all times it might be a huge problem. So how can we maintain good relationship with our supporters to enable us get stock all the time?
Yes for people who buy on credit. It's best to always settle them promptly so they can give you more goods and allow you access to credit facilities too.I agree with you completely. Paying them on time will definitely build trust and loyalty. As you do this, the relationship between buyer snd supplier is moving to the next level.
I don't think that's the best idea in my opinion, you don't really need to change the old supplier rather you should patronize both as you wish but letting go your old supplier can have a backlash.It is important to build good relationship with your supplier but sometimes I need to change my supplier because I find another supplier that have cheaper price than my original supplier
I believe that one of the best ways to have a very good relationship with suppliers of your business product is to make sure that you pay them when you are supposed to pay them all the time.Without having good suppliers to always give us our supply at all times it might be a huge problem. So how can we maintain good relationship with our supporters to enable us get stock all the time?
i always pay my supplier cash or bank transfer, never do installment things, so thats why my supplier always loyal to me because of it, and for me paying them cash or bank transfer on that day, its avoid me from having a debtI think, if the supplier granted you to pay for installment on the items that you get from them, you have to pay them on the agreed date, in that way, you maintain a good relationship with your suppliers.
as long as their price is still reasonable i will loyal to them for sure, sometime some suplliers increase their price of the product above the market rate and i will not use them anymoreYou can maintain a good relationship with the business suppliers by staying loyal to them by buying from them frequently. Suppliers tend to be disappointed when the businessmen change suppliers.