As a retailer, what would you expect from a good supplier in terms of added services and perks?

As a retailer, our supplier would generally constitute of wholesalers and manufacturers.

The following added services and perks would be expected from a supplier.

• Timely Delivery - As a retailer we would expect the supplier to deliver goods in time, which would save our inventory cost and loss of sale due to uncertain lead time. Timely delivery would help us to manage our inventory better.
• Better credit terms - Credit terms refer the arrangement between buyer and supplier regarding the terms of payment. The higher number of credit days allowed by the supplier would reduce our working capital requirement.
• Discounts on early payments - As a buyer we would expect discounts on early payments from the supplier in order to reduce our purchase costs.
• Quality - We would expect the supplier to take ownership of the products supplied. Better quality products sell quickly and also reduce our loss in terms of money and goodwill.
• Ethics and legal compliance - We would expect high level of ethics and legal compliance from the supplier in order to have a long term relationship.
• Quantity discounts - It is possible that some time we need to place a large order, at that time we would expect that the supplier give us an attractive quantity discount.