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 »
Differentiating between the different types of shipping terms is going to be an important piece of knowledge when you start negotiating with your suppliers. 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 …
Types of Shipping Terms: The Common Ones For Retailers Read More »
One of the KPIs that you use to analyze your inventory & buying and also the performance of your suppliers is the sell through rate (aka. Sell-thru 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 …
Sell Through Rate: How to Calculate & How to Analyze? Read More »
Order lead time is one of the things you will come across while evaluating suppliers. It is part of the due diligence process and also affects your ordering process, budgeting and inventory planning as we explain below What Is Order Lead Time? It is simply the amount of time it will take the supplier to …
Order Lead Time: Why Is It Important In Retail Buying? Read More »
When I first started out as a small e-commerce retailer I had no clue what bargaining power of suppliers is. I thought all I have to do is to find good reliable suppliers to get my products when I need them and make sure they will continue to do so over time. Little did I …
Bargaining Power of Suppliers: How to Reduce it? Read More »