There are many different types of vendors that a manufacturing business can do business with.
However, not all of them are created equal. Some vendors are more beneficial to work with than others.
In this blog post, we will discuss 7 types of vendors that manufacturing businesses should never do business with.
By avoiding these vendors, you can save yourself a lot of time, money, and headaches!
Choosing Right Vendors: Who To Avoid
While choosing a vendor, manufacturing businesses should consider many factors such as quality, price, delivery time, and customer service. However, there are some vendors who simply don’t measure up in any of these areas.
Here are the seven types of vendors that manufacturing businesses should never do business with:
Vendor without Good Reputation
The first type of vendor to avoid is one that doesn’t have a good reputation.
If a vendor has a lot of complaints against them or has been sued in the past, it’s probably best to steer clear. Getting into business with such a vendor can be a huge risk.
There are plenty of other vendors out there that don’t have these issues, whom you can do business with instead.
Vendor Who is Always Late on Deliveries
Another type of vendor to avoid is one who is always late on deliveries.
If a vendor can’t keep their promises and consistently fails to deliver products on time, it’s not worth doing business with them.
Working with such a vendor will only lead to frustration and can create delays in your own business.
Vendor Who is Unresponsive to Customer Service Inquiries
As a business person, you know that replying to customer inquiries helps to build and maintain relationships. If a vendor is unresponsive to customer service inquiries, it’s a huge red flag that you shouldn’t do business with them.
Manufacturing businesses rely on vendors for supplies and materials, so it’s important to work with a vendor who is responsive to your needs. Thus, working with a vendor who is unresponsive to customer service inquiries is not ideal.
If a vendor takes days or weeks to reply to your emails or phone calls, it’s best to find another vendor to work with.
Vendors Who Don’t Offer Returns or Refunds
While offering a product or service, there are always chances that customers might not like it. Similar is the case in a manufacturing business. In such a case, it’s important to work with a vendor who offers returns or refunds.
If a vendor doesn’t offer any type of protection for their customers, it’s best to avoid doing business with them.
Vendor who is Difficult to Work With
People can always be difficult to work with. This is one situation where you will want to avoid a vendor who is difficult to work with.
If a vendor is constantly changing their prices or terms, making it hard to get in touch with them, or generally being uncooperative, it’s not worth doing business with them. There are plenty of other vendors out there that would be much easier (and more pleasant) to work with.
Vendor with Poor Quality Products
Another vendor to avoid is one that sells poor quality products. If a vendor’s products are constantly breaking or don’t meet your standards, it’s not worth doing business with them.
Buying a low quality product can end up costing you more in the long run, so it’s best to find a vendor that sells high quality products. There are other vendors out there who sell high-quality products that will be more beneficial and cost-effective in the long run.
Vendor with Unfair Pricing
The last type of vendor to avoid is one that has unfair pricing. If a vendor is constantly changing their prices or charging more than what is fair, it’s not worth doing business with them.
You can find out whether you’re overcharged by doing some research on the prices of similar products. If you find that a vendor is charging more than what is fair, it’s best to find another vendor to work with.
To conclude, there are many reputable vendors out there who can provide you with the products and services you need without any of the hassle. Doing your research and knowing which type of vendor to avoid can save you a lot of time, money, and headaches.
Be sure to enter into any business agreements with reputable vendors who have a good reputation, are responsive to customer service inquiries, and offer high quality products.
By avoiding the types of vendors listed above, you can save yourself a lot of time, money, and frustration!