Quick Answer: How Do You Answer A Supplier Question?

What to say to avoid answering a question?

More videos on YouTube#1 – No comment.#2 – I’m not at liberty to say.#3 – Wait and see.#4 – Let me get back to you.#5 – I’m sorry, that’s confidential.#6 – (Sorry) That’s personal.#7 – I’d rather not talk about it.#8 – Mind your own business.More items….

What makes a good supplier?

Price, reliability and quality are three things you most definitely need to offer as a supplier. Disappoint your clients or be outperformed by your competitors in any of these areas, and you’re on course for disaster. But you’ll also need to do far more to keep your clients loyal and happy.

How do you negotiate a supplier price?

Here are seven tips that can give you the upper hand.Sell yourself as someone who will give them a lot of business. … Think outside of the price box. … Talk to multiple suppliers. … Offer larger deposits for a bigger discount. … Don’t accept the first offer. … Consider transferring all your business to one supplier.More items…•

How do you convince a supplier?

4 Principles when negotiating with suppliersHave Choices before you negotiate with suppliers. As just mentioned above, have at least 2 or 3 suppliers that are competing for your job. … Understand the Price Quoted by the Supplier. … Understand your positioning with the supplier. … Resist Price Increases.

How do you engage with suppliers?

Supply Chain Top 5 Lessons on How to Engage Sustainable SuppliersBe accountable: Support and reward suppliers.Make it easy: Acknowledge work done & keep it simple. … Close the loop: Connect suppliers to customers and the product. … Be respectful & flexible: Recognize suppliers’ autonomy & ownership. … More items…•

How do you deal with difficult suppliers?

Work on your communication.Get everything in writing.Ask them what they need from you.Escalate in a timely manner.Evaluate if their service is actually the tool or platform you require.Don’t be afraid to pull out.

How do you start a conversation with a supplier?

Talking to vendors in the right way can change the quality of that relationship, so keep the following in mind.Be informed. … Straight talk. … Ask questions. … Give your vendor time to answer. … Broach the money subject. … Set clear expectations. … Address issues. … Don’t ask for the impossible.More items…•

What do you discuss with suppliers?

Here are 10 key questions you should consider asking suppliers before doing business with them:What are my payment terms and are they negotiable? … What will my total costs be? … Can you give me a liability insurance certificate? … Are you going to sell direct? … Can I have a guaranteed sell-through?More items…•

How do you respond to a difficult question?

Take a beat, watch your tone, and other techniques to deal with a challenging line of questioning.Make Sure You Understand The Question. … Take Time To Respond. … Answer Part Of The Question. … Postpone Your Answer. … Turn Around the Pronouns. … Divert The Question. … Give The Asker Some Control. … Watch Your Tone.More items…•

How do you deflect a difficult question?

So here are some suggestions for effectively deflecting direct questions:Anticipate the difficult, direct questions you are likely to be asked. … Develop deflecting questions. … Practice deflecting questions. … Anticipate responses to your deflection questions. … Prepare to defend against deflection.

How do you communicate with suppliers?

Here are 5 tips for improving communication with your suppliers and reaping the results.Set Clear Expectations for Reporting and Supplier Communication. … Know Your Parts. … Establish Clear Measurement Requirements. … Be Respectful of Their Time. … Be Quick, But Don’t Hurry. … The Importance of Communication With Suppliers.

What are the three most important criteria for selecting suppliers?

There are eight common supplier selection criteria, in no formal order:Cost.Quality & Safety.Delivery.Service.Social Responsibility.Convenience/Simplicity.Risk.Agility.

What are RFP questions?

Questions to Ask Before Starting the RFP ProcessWhat is the problem? … What are your goals for the project, and do they align with the goals of your company? … What are your requirements? … What is the scope of the project? … Does the new solution integrate with existing systems? … What is your budget? … What is your timeline?More items…•

How do you answer a professional question?

The following steps will help you respond more effectively to questions from your audience.Step One – Listen. … Step Two – Understand. … Step Three – Communicate and involve. … Step Four – Respond. … Allow follow-up questions. … Answering the question you wished you’d been asked. … Making a second ‘mini’ presentation. … Passing the blame.More items…

How do I write my first email to a supplier?

Hello; My name is [Insert your name here], of [Insert your business or company name here], based in [Insert your location here]. I noticed your company listed in [Insert where you found the suppliers’ details e.g. Business Directory, Online, Google etc], and I am interested in setting up a Trade Account with you.

How do you tell a supplier they are too expensive?

Tell the supplier that you want order a very high quantity and get their price. Once you get the price, ask them how much for an amount less then what you want. Then tell them you want this many pieces and you’re getting it cheaper from their competitor. Give a reasonable price that makes sense, and they will beat it.

What questions should I ask a potential supplier?

Nine crucial questions to ask prospective suppliers, by ediTRACKWhat are your ethical credentials? … Do you have any evidence of the quality of your processes and/or products? … How happy are your other clients? … Do you have the capacity to meet our requirements? … Are you in good financial health? … What are your prices? … Do you understand our business?More items…•