HereKittyKitty
Explorer
Great that it got them rethinking.MTSpace said:
Elgordoboy said:
So who's on the hook as guarantor? A group buy splits the risk into tiny slivers across scores or hundreds of buyers, each one chasing the cheapest possible price on a big order. You'd be asking a supplier to swallow every bit of that risk alone. I'm not claiming nobody is foolish enough, but what set of circumstances would actually push a supplier into it?MTSpace said:
There's a vendor I work with, a Taiwan, China-based company that sources out of the mainland and extends us net30 terms on non-peptide business. When a competitor of his caught wind, I got a second offer of terms. Business comes down to managing risk alongside supply & demand. Today the leverage in peptides sits entirely with the seller. Splitting that risk would be an improvement.
In business, the relationship is the whole ballgame.
The problem has already been solved: buy from a vendor who carried the risk, made the investment, and holds stock domestically. The tradeoff is a higher price. Best of luck pulling it off.
Tier two manufactured parts for the transportation sector. That relationship goes back more than 20 years.HereKittyKitty said:
Which other market are you rewriting the CN business playbook in?MTSpace said:
Hold the payment and reopen the terms. When demand dries up, suppliers get inventive about how much risk they'll carry. Prices might tick up to cover it, but the fakes and the weak players get filtered out. The paradigm needs shifting, and it's already working for me in a different market.
Nothing like the grey market research chem trade. Give it 20yrs of buying from the same pep vendors and maybe they'll listen.