• Elksourcing:How to Improve Your Vendor Relationship?

    Sometimes, small business owners overlook the value of maintaining positive relationships with their vendors. For a business to succeed, it’s important they understand their vendors’ needs and build a strong relationship based on trust. Here are some valuable tips I learned from my experience. 1. Pay Your Bills on Time As your vendors work on thin margins, cash flow is essential. When you consistently pay on time and respect agreed-upon conditions, you demonstrate appreciation for their contributions and your business rises to a “most trusted” status in the vendor’s eyes. This comes in handy if you need to call on the vendor for rush deliveries or other special requests. 2. Make Sure the Vendor Understands Your Goals A vendor who “gets” your business is of far greater value than one who just goes through the motions of filling orders. Take the time to communicate your goals and where you plan to…

    Shopify Tutorial 2021-04-21
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