dkmc
Diamond
- Joined
- Jan 13, 2002
Just got an email from a dormant customer. I find it interesting that the tone makes it sound like it's a good
thing for them and their customers. Screw their suppliers....
Time for the small vendors to become their own finance corp I guess?
thing for them and their customers. Screw their suppliers....
Time for the small vendors to become their own finance corp I guess?
March 1, 2023 EATON Payment Terms Standardization. To align with our customer expectations, industrial peers and competitors and maintain our business competitiveness, we are continuing to standardize our suppliers’ payment terms to the Eaton standard 120-day term or country maximum allowed. Beginning May 1, 2023, we will change your Eaton pay term to the standard 120-day term or country maximum allowed. This change will apply to all existing open purchase orders, blanket orders, and supplier schedules. For more information about Eaton’s standard pay terms, please review our global purchase order terms on Eaton’s selling to us website. We appreciate the continued opportunity to do business with you and believe this 60-day notice provides adequate time to plan for this change. |