1 minute read
Word from the BFBi
Be a better buyer
This article is going to be unashamedly commercial. With the increase in energy prices, raw material costs, supply chain limits, I would like every company buyer to “be a better buyer”. Think about the result of your actions on your supplier – that increase in payment terms; that request for further discounts when your supplier has had a multiple increase in costs.
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To bang the usual drum – let us work together to address the significant energy, shipping and material challenges.
If every part of the supply chain looks to be a better buyer the chain will withstand the extreme stresses being put upon it at this time.
At some point, the consumer has to pay an acknowledgement of the challenges.
Consider when purchasing materials, services, what extra costs may be involved. Be open to discussion on how you, as the customer can support your supplier and – as the supplier, be transparent and honest in the issues you are encountering.
Let us all work together to address the challenges we are currently facing. Never has our Association motto “stronger together” meant so much.
Ruth Evans MBE, BFBi C.E.O.
