Let’s Talk: How to negotiate with suppliers who know you can’t leave
This week’s Let’s Talk, our experts answer the question: what’s your go-to strategy when suppliers try to squeeze your margins?
This week’s Let’s Talk, our experts answer the question: what’s your go-to strategy when suppliers try to squeeze your margins?
Quality products & services and brand loyalty with customers are two factors of business success – and you cannot achieve either of these if your focus is on landing the cheapest price for a product or the manufacturing of a product you plan to sell.
With less than three months to financial year end, here’s some big questions to help you prepare before and after 1 July. If you are wondering, like me, where this calendar year has gone, it may be little surprise to you that we are less than three months away from the end of the financial […]
Cashflow is the lifeblood of any business and more SMBs have been destroyed through cashflow issues than from any other cause. The last thing you need is to be stressing about whether you have enough cash to pay your own suppliers when you should be running your business. So, you’re not ready to hire an […]
The Australian Competition and Consumer Commission (ACCC) has proposed to grant reauthorisation of a revised Solar Retailer Code of Conduct for five years. The Clean Energy Council’s Code is a voluntary system that solar retailers can sign up to with the aim of meeting best practice standards for consumers and the industry. ACCC Deputy Chair […]
Around 100 suppliers have been paid back $12 million by Coles after buyers were found to have employed “threatening” tactics in their dealings.
Minister for Small Business Bruce Billson has introduced the Food and Grocery Code of Conduct, launched to safeguard commercial dealings between Australian retailers, wholesalers and suppliers.
A recent survey has found 2 in 5 SMEs have been pushed to lower staff numbers and decrease their number of sites in order to manage supplier costs.
Supermarket giant Coles has fanned further suspicion over whether it threatened suppliers into funding a new supply chain program through additional costs and ongoing rebates.
Here are 10 tips to help you on your next sourcing project in China.