Go Back   Forums > ISM Discussion Area > General Supply Management Discussions

Thread Tools Display Modes
Old 10-22-2013, 04:29 PM
Posts: n/a
Default Supplier Payment Terms

We are in the process of extending our supplier payment terms from N30/N40 to N45. Is there any information sources out there on "typical" or "average" or "acceptable" terms for supplier payments? I am looking to provide my team with industry knowledge to assist them with their negotiations.
Reply With Quote
Old 10-29-2013, 04:59 PM
Posts: n/a

It is not clear to me from your question if you are offering your customers/clients Net 45 days terms or if your firm wants to achieve Net 45 terms of payment with your suppliers. Net 30 is the standard. If your firm wants payment faster, you could offer net 20 or net 15.
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

All times are GMT. The time now is 01:42 PM.

Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.