How do you guys deal with supplier price increases? Just eat it?
Got another “due to rising material costs we’re increasing prices by 8%” email from one of my suppliers last week. Second one this year.
Honestly I never know what to do with these. Like is the 8% actually justified? No idea. I’m not gonna go research commodity prices lol. So it usually comes down to either eat the margin hit or bump my prices and hope customers don’t notice.
Tried pushing back once and the supplier just sent some vague “our costs have gone up across the board” reply. Cool, thanks.
Curious what everyone else does:
**• how** do you actually negotiate these or just accept them?
**•** has anyone successfully pushed back completely? what worked?
**•** at what point do you just start looking for a new supplier?
Feels like the big retailers have entire teams for this stuff and us small guys just take whatever number lands in the inbox.
u/Outrageous_Blood2405 — 4 days ago