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Guide - Creating a comprehensive specification for contacting suppliers

9 November 2022

Clara Jammes

For future retailers, the time spent looking for the best suppliers to provide them with supplies is considerable. To be efficient in your prospecting plan, the Ankorstart experts recommend you to create a complete specification.

What is a specification? 

A specification is a written document that defines the broad outlines of your needs, your requirements and your constraints to your suppliers. It contains all the elements that will govern your relationship. 

What does a retailer’s specification contain? 

  • Product family and desired products,
  • Recommended wholesale and retail prices,
  • Your desired purchase and payment terms,
  • Supply times and costs,
  • Product values and ethics,
  • Product design
  • And everything else that is important to you!

 

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