FAQs

Does your company have experience with a business like ours and understand our needs?

What happens if your company needed to cancel and order – what should you expect from the vendor/supplier?

When negotiating with a possible vendor, find out what options they have that might reduce the cost.

This question is a no-brainer, though certainly not the only important factor.

What circumstance can the supplier identify that might make prices change, either now or in the future?

If you are selling a vendor’s product, you should know if they will be selling directly to the customer also. If they are, is your cost reduced enough for you to be competitive?

What is the supplier/vendors process if the materials don’t arrive at your location?

What are the supplier/vendors payment terms? Are you able to negotiate the terms if your process differs from theirs?