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Mehtab Bhogal Has 8 Actionable Ways To Juice DTC Profits RIGHT NOW
The Andrew Faris Podcast
Leveraging Better Terms for Negotiation Success
Utilize the supplier's better financing options by having them finance purchases to secure lower rates. Encourage suppliers to keep more inventory due to their lower holding costs and minimal risk. Frame the request as mutually beneficial for business growth, improving cash conversion cycle, and leading to increased orders and profits for both parties. Suppliers are often willing to cooperate once they understand the advantages of the dynamic.
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