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Essential Questions To Ask New Suppliers As A Business Owner

If you’re looking for new suppliers for your business but you’re unsure where to start then don’t worry, you have definitely come to the right place. Whether you’re looking for suppliers for a new business or you’ve had trouble in the past and want to switch things up, you need to be sure you’re finding the right people for the job. Luckily, there are lots of questions you can ask yourself to ensure exactly that. From asking them about bulk orders to finding out whether or not you’re going to be assigned an account manager, the more questions you’re asking the better. With that in mind, here are a number of essential questions you can ask new suppliers as a business owner: 

What Is The Lowest Price They Can Offer? 

One of the first things you need to consider is the lowest price they can offer you. Whether the means hunting around for suppliers with a low price or speaking to various different suppliers to get an idea of their costs, you need to ensure you’re finding someone that is within your budget. If you start to notice that you can’t find anyone that offers the prices you’re looking for, you may need to reevaluate your budget.

For a guide to reevaluating your budgets as a business, you can visit this site here.

Do They Offer Discount For Bulk Or Repeat Orders?

If you know you’re going to be ordering regularly or you will be ordering large quantities, you may want to ask whether or not they’re able to offer you a discount. Whether you’re looking for End Mills or printer ink, you need to ensure you’re asking the right questions.

How Long Have They Been In Business?

Another question you may want to ask if how long they have been in business, as you want to ensure they’re trusted.

What Materials And Machinery Do They Use?

When it comes to quality, asking them what machinery they use is essential. If they’re not investing in high-quality suppliers themselves, chances are you’re not going to be getting your money’s worth.

Will You Be Assigned An Account Manager?

Another important thing to consider is whether or not they will be assigning you a dedicated account manager. If you’re going to have a large account, this should be standard.

What Is Their Lead Time?

When it comes to delivery and lead time, you need to be sure you’re finding suppliers that are able to provide you with your orders on time.

Do They Have Any Examples Of Previous Case Studies?

Finally, you may want to ask whether or not they’re able to provide you with case studies of previous jobs they have completed. For a guide to understanding business case studies, you can visit this site here.

With lots of questions you could be asking, you can be sure you’re finding the right suppliers for your business. What else would you ask? Did we miss anything off of the list? Let us know your thoughts and ideas in the comments section below. 

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