Why I stopped forcing every vendor onto our standard contract terms

Back in March, I took over vendor contracts for our Charlotte warehouse and everyone said I had to push our 30-day payment terms hard. I picked one small packaging supplier and insisted on the standard terms even though they asked for 15 days. They agreed but quietly padded the next quote by 8% to cover the cash flow hit, which I only found out later. I switched to flexible terms for smaller vendors after that and got better pricing plus faster deliveries. Has anyone else found that sticking to strict vendor rules just ends up costing more in the long run?

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