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Unit 4
Supplier Chains
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Cards (4)
Strategic Suppliers
The business cannot
succeed
without maintaining an effective supplier relationship. These goods and services are
crucial
to business success
Commodity Suppliers
Provide goods and services that can easily be
bought
elsewhere and which are not hugely
important
to the business.
Trade credit
Where a business buys goods and
servicers
from a supplier and pays for them later (e.g.
60
days)
What is a Supplier?
A
business
or individual that provides goods and services to another
business