It work both way !
Something client should think about on this topic
- How much credit you have from this supplier ?
- What will happen if my only one supply channel cut my credit line ?
- How can i get credit direct from the Physical supplier ?
- How can i make sure i have enough credit facility for 2020 ?
- How much credit i am doing with this supplier ? what if they close down will I become OW 2.0 victim ?
- Should i pay CIA to start credit with this supplier ?
- How many days credit do i need ? should i get a discount on shorter payment ? or should i pay premium to have longer credit terms ?
- Should i pay late interest to maintain the credit ? or i just go through other channel ?
- How many channel i am covering on this port ? is that enough or i should expand more ?
- Do i know my supplier ? hows their financial like ? whats their reputation like ? are there any rumors talking about them recently ? what asset do they have ?
Above are my real troughs when I encounter a new supplier every time.
Until next time
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