Suppliers and purchasing

At Dendy Neville we can provide start-up businesses 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 and would like help and advice, contact Dendy Neville.

Home | Contact us | Privacy Policy | Disclaimer | Help | Site map | Accessibility |

© 2018 Dendy Neville Limited. All rights reserved.
Dendy Neville Limited, 3 - 4 Bower Terrace, Tonbridge Road, Maidstone, Kent ME16 8RY

We use cookies on this website, you can find more information about cookies here.


Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers.

Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. dendy neville is a trading name of Dendy Neville Limited, a company registered in England and Wales, company number 6219954.