According to the Business Dictionary, a supplier is a party that supplies products or services. It is different from a contractor or a subcontractor as these two allow specialized input before delivering the final outcomes.
The suppliers are crucial to your business because they provide the machines, materials, tools, and other goods that are necessary for your operations. This is why you must invest an ample amount of time and effort in finding the best suppliers who can provide you with optimum outcomes at budget-friendly prices.
If you are wondering where you can select from a pool of Filipino suppliers, here are some of the places where you can start.
1. Telephone Directories
Do you remember those bulky books which contained all the landline handles of your friends and nearby restaurants? I remember playing with said heavy publications by putting one in my head and trying my hardest to balance it. I firmly believed that I was a princess undergoing an etiquette workshop. How ridiculous does that sound?
On a serious note, these books are called telephone directories. The most popular of its kind is the Yellow Pages (YP). Just when you thought that it is obsolete, it stands strong for over 50 years! Directories Philippines Corporation governs YP as well as its suite of print, online, and mobile products. You read that right! You can browse through a vast directory online by visiting yellow-pages.ph.
For example, if you need a supplier for readymix concrete in Muntinlupa, you can contact the:
7/F Park Trade Center, 1716 Investment Drive, Madrigal Business Park, Alabang, Muntinlupa City, Metro Manila
YP and its counterparts are helpful if you are looking for a supplier in the quickest way possible. The only drawback is that you cannot compare prices with these. It only provides you with the basic information such as the supplier’s name, address, and contact number.
2. Newspapers and Magazines
Do not give up on printed publications just yet! You can find a list of local suppliers at the newspaper’s classified ads.
Trade, finance, and business magazines are good sources of information too. These magazine include Entrepreneur and GGB. If your community prints monthly or weekly publications, keep a lookout for the ads inside.
3. Bulletin Boards
Most groceries and establishments have bulletin boards containing advertisements. Perhaps, the most suitable supplier for your business is found at a piece of paper in a coffee shop! Stroll around your neighborhood and spot the postings of the suppliers.
4. Trade Exhibits and Bazaars
If you cannot find suppliers near your backyard, you can approach them directly by attending trade exhibits, shows, and bazaars. It will give you the opportunity to meet several suppliers and to grasp how big the industry is. For instance, you want to build an events company that offers wedding planning services. You decided to take part in the “Weddings & beyond 25th Edition Wedding & Debut Expo” to get a comprehensive list of wedding suppliers and see their works firsthand.
Get the latest schedule of other trade shows at http://10times.com/philippines/tradeshows.
One of the most obvious sources of information is the Internet. It has a rich source of data on suppliers, vendors, or manufacturers. Some of them have their own websites with pictures and videos uploaded. Let this information act as your resource but, avoid transacting online. This practice is for your own safety as no legislations on trade protection in cyberspace have been solidified.
A simplistic website that gives you the information you need in a form of a Philippine directory is the BrownBag.
The most convenient way to narrow down your options is to ask your trusted friends and family for recommendations. People constantly give positive and negative feedbacks on their purchases. As a buyer, be sensitive to what these previous clients feel.
Searching for the best suppliers for your business is very important. You can either let them come to you or you can look for them. In most cases, the latter reigns supreme.