The most important
component in any business relationship is the question of trust.
The ultimate
demonstration of trust and good faith is when a supplier delivers goods to a customer
on Credit terms.
It therefore is
incumbent on the buyer that they acknowledge this act of trust and observe the
agreed payment terms.
Faced with the
current pressures it is easy to understand the temptation of “pinching” a few
days extra credit but this type of behaviour soon begins to pall.
Once a supplier
feels that their buyer is taking undue advantage, the relationship is damaged
sometimes irreparably.
For any
relationship to be sustained there has to be mutual benefit.
When a buyer gains
a reputation for persistently crossing the line the merit in maintaining the
account is called into question.
No comments:
Post a Comment