Suppliers and purchasing

At Walker Moyle we can provide start-up businesses in the West Cornwall area with help and advice. Here are some basic considerations regarding suppliers and purchasing.

When it comes to building a market and servicing it, you and your suppliers are on the same side, so you should consider trying to build a relationship with them that reflects that.

Sit down with them as 'partners' and try to work out an arrangement that benefits both parties.

Try to identify:

  • Products you can order in larger volumes in exchange for volume discounts
  • Orders you can discontinue because you can buy more cheaply elsewhere
  • Ways to revise delivery schedules to reduce your stock keeping costs
  • Opportunities to share marketing or promotional costs
  • Ways you can exchange information to improve efficiency at both ends

In a period of economic difficulty or uncertainty, remember that suppliers might raise their prices, so try to negotiate a long-term discount with them.

You could also consider putting all major costs out to tender on a regular basis.

If you are starting a business in the West Cornwall area and would like help and advice, contact Walker Moyle.

Sign up for our monthly eNewsletter

Our FREE monthly eNEWS email will keep you up-to-date with the latest business and tax news.

Register

Home | Contact us | Terms of Business | Accessibility | Disclaimer | Help | Site map |

© 2018 Walker Moyle. All rights reserved. | Walker Moyle is a trading name of Walker Moyle Ltd. Registered in England and Wales No 09173854
Registered Office: Alverton Pavilion, Trewithen Road, Penzance, Cornwall, TR18 4LS

We use cookies on this website, you can find more information about cookies here.
Walker Moyle, Alverton Pavilion, Trewithen Road, Penzance, Cornwall TR18 4LS
Walker Moyle : The Old Post Office, Tregenna Place, St. Ives, Cornwall TR26 1AA
Walker Moyle : 3 Chapel Street, Redruth, Cornwall TR15 2BY