One of the points up for negotiation when dealing with suppliers is the payment method. There are different types of payment terms in international trade and here we will list the most common ones used by retailers in their buying. Read also: Types of Shipping Terms What Are The Different Types of Payment Terms? We …
Types of Payment Terms & Their Effect on Cash Flow Read More »
There are many different types of shipping terms used worldwide, but here we will only list the most common ones used by retailers and explain the main differences. Read Also: Types of Payment Terms The Most Common Types of Shipping Terms EXW (Ex Works) Ex works simply means that the supplier will only prepare the …
Types of Shipping Terms: The Common Ones For Retailers Read More »
What is Sell Through Rate? Sell through rate represents the number of items sold out of the number of items received and is measured for a given period (e.g one month or entire season). What is The Sell Through Formula? Sell Through Rate = Number of pieces sold ÷ Number of pieces received x 100 …
What Is Order Lead Time? Order lead time is the amount of time it will take the supplier to have your order ready for delivery from the day you place your order. If you place your order on 1st of Jan and your order will be ready for dispatch by 1st of Feb, then the …
Bargaining power is the relative ability of each of the negotiating parties to reach an agreement that works to their own advantage. In any industry, a business will be facing two types of bargaining power: Bargaining Power of Suppliers Bargaining Power of Buyers The higher those powers, the less profitable will be the company, because …