Types Of Suppliers Flashcards
1
Q
What are the advantages of wholesaler?
A
- Buy goods on credit (pay later)
- Wide range of goods available
2
Q
What are the advantages of daily market?
A
- Fresh goods everyday - restaurants can offer seasonal menu
- Locally grown products can appeal to customers
3
Q
What are the disadvantages of specialist supplier?
A
Higher costs
4
Q
What are the disadvantage of wholesaler?
A
May be tied to a contract - unable to change supplier easily
5
Q
What are the disadvantages of daily market?
A
- Limited number of items
- Prices can be higher
6
Q
What is the advantage of specialist supplier?
A
Ideal for businesses that specialise in a particular area e.g organic restaurant
7
Q
What is the advantage of cash and carry?
A
Can buy in bulk at reduced prices
8
Q
What are the disadvantages of cash and carry?
A
- Cost of delivery
- Time taken for delivery
9
Q
What are the four suppliers?
A
- Wholesaler
- Cash and carry
- Market
- Specialist supplier
