As a purchaser of bulk oil ingredients and olive oils, you will find there are some expectations that should be set forth to your oil supplier.
Your supplier should always — no matter what — consider your company needs and goals FIRST and work to guide you to both the best ingredient for your food product, as well as the best choices for packaging, contracting, and other supply chain details. Overall, it should always be a mutually beneficial business agreement. You should feel like you won a great fit for a long term partner!
Unfortunately, there are many suppliers in the market today that can be unaccountable or let their own desires guide their business decisions. And this doesn’t just happen in the oil industry! Some of the worst things you may see would be if your supplier ignores you, they mis-ship product or quantities, if they don’t communicate on backorders, or — worst of all — if they promote adulterating or false labeling to be able to offer you a cheaper price just to win your business. Working with a supplier like that, you’ll ultimately lose out in the long run.
While you’re in the midst of your vendor search, keep the following list of benefits in mind that you absolutely should have in a long-term supply chain partnership.Continue Reading