Posts Tagged ‘supplier’

Winning Negotiations: 4 Tips for Suppliers

The average retailer is focused on their bottom line, and when it comes to suppliers, retailers will seek to maximize their profit margin and minimize workload and costs. As Tim Potter, a small business marketing expert based out of London, says, “A retailer is a bit like having a salesman who demands the highest bonuses,…

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers, to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked. As Robert Gilbreath, VP of…

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How to Maintain a Positive Supplier Relationship

Welcome back retail enthusiasts! Last week we talked about how to find your perfect vendor partner – a supplier you can rely on for a successful, long-term partnership. But what if you’ve already found your vendors, how can you know that they are the best fit for your business? That’s what we’re talking about today…

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Creating a Vendor Partnership

All businesses, no matter their size or focus, rely on their suppliers. But many businesses do not know how to thoroughly evaluate and maintain this critical business relationship, which can cause a discrepancy between your expectations and a vendor’s abilities. A mismatch between your needs and a supplier’s offerings can add costs, delays, and ultimately…

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