Download this episode (right click and save)
When you're discussing your product with a potential supplier, how do you know if their quoted price is the best you can get? InTouch Client Managers John Niggl and Crystal Ge talk about importer-supplier negotiations and tips on getting a manufacturing deal that you're happy with. In this manufacturing podcast episode, you'll learn about:
The best deal doesn't mean the cheapest deal. If you push your supplier to giving you the lowest possible price, your product quality will likely suffer (related: How Experienced Importers Limit Product Defects in 3 Stages [eBook]). And if you’d prefer to read the article that covers this topic instead, check out 3 Tips for Getting the Best Price from Suppliers.
- The negotiation process between an importer and a potential supplier;
- Simple measures that you can take to get a fair and reasonable price from your supplier; and
- The risks of pushing your supplier to give you the lowest possible production price