Call: 0161 929 9909 - Email: steve@blairshepherd.co.uk

Suppliers and purchasing

Building relationships with suppliers.

At Blair Shepherd we can provide start-up businesses in the Altrincham area with help and advice. Here are some basic considerations regarding suppliers and purchasing.

When it comes to building a market and servicing it, you and your suppliers are on the same side, so you should consider trying to build a relationship with them that reflects that.

Sit down with them as 'partners' and try to work out an arrangement that benefits both parties.

Try to identify:

  • Products you can order in larger volumes in exchange for volume discounts
  • Orders you can discontinue because you can buy more cheaply elsewhere
  • Ways to revise delivery schedules to reduce your stock keeping costs
  • Opportunities to share marketing or promotional costs
  • Ways you can exchange information to improve efficiency at both ends

In a period of economic difficulty or uncertainty, remember that suppliers might raise their prices, so try to negotiate a long-term discount with them.

You could also consider putting all major costs out to tender on a regular basis.

If you are starting a business in the Altrincham area and would like help and advice, contact Blair Shepherd.

Have we convinced you yet?

Please feel free to get in touch via phone email or our quick contact form.

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Blair Shepherd Accountants Limited, 16A Regent Road, Altrincham, Greater Manchester WA14 1RP