Question

Page No.: Youva Date: 100 words needed. Page No. your Supplier relationship and characteristics introduction and characteristics

Answer 1

A supplier is any individual, group of people and agency that performing the act of supply and delivery of some definite numbers of products or service to organization, institution, individuals etc. Supplier relationship is essential and vital practices for any companies and even for any supplier. Both suppliers and purchaser must be good contract, clarity of transaction, clarity in supply of materials, payment terms etc. Supplier must have good stock of materials, transport facilities and authorized firm details. Supplier relationship is based on relationship with buyers through supplying of quality of materials, with limited time, products prices minimum as per the market and number of products supply as per the requirement.

Supplier characteristic as below-

1. A supplier always focusing on minimum order for supply.
2. Offering competitive rates.
3. Quality concern and customers satisfaction.
4. Supplier always is good communicator of vital information.
5. A supplier always is good listener.
6. Supplier excellent customer relationship management.
7. Positive and highly motivated.
8. Supplier always good in fund management.
9. Stockiest
10. Recordkeeping