Wholesalers and Suppliers (CO8, ILO.B.SK.1)
Research and find potential Wholesalers/Suppliers for your business. Document your findings about the following as they relate to your Wholesalers/Suppliers:
- Volume discounts
- Return Policies
- Minimum Order Quantities
- Delivery Schedules and Order Processing time
Will you be using local suppliers or international suppliers or both and why? Explain in detail. How much more complex is it to order from an international supplier than a local supplier? Please explain in detail. What are some ways to build and maintain good relations with your suppliers? Explain in detail.