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Business strategy
Tips for negotiating with suppliers and vendors.
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[QUOTE="Axis, post: 343739, member: 66672"] Not all businesses today actually manufacture the goods and services that they sell or render, some businesses usually employ the service of a supplier or a vendor to supply them with various goods and inventories so that when they sell they make profits. As a business owner who is not running a manufacturing business or a homemade manufacturing business and who employees the service of a supplier or vendor to have access to raw materials or to finish goods for sale, it is expected that you have a good relationship with your supplier and inventory vendors. The various tips in building this strong relationship is by making sure to keep to your own side of the deal. Business owner should understand that suppliers and vendors are the external environment of a business organization and so they are very much independent and can choose to not even do business with a particular business venture. In order to win their trust and loyalty you must make sure to always keep to your own side of the deal as that is the most paramount feature of maintaining their trust and loyalty. [/QUOTE]
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Tips for negotiating with suppliers and vendors.
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