When they can't even fill your orders on time if at all!
Todays question is from Ron Southard, CEO at SafeSourcing Inc.
What is a fair price increase? What type of margin should your vendor make? These are tough but fair questions. So, maybe in some cases it’s time to consider other than single source opportunities. Maybe in other cases its time to consider multiple suppliers. Do you have a fair pricing policy? Does your Supplier have one? Competing for your business is a good thing, its how the world works.
If your interested in getting your cost back in line with reality, contact SafeSourcing because we have done this many times for many companies.