A broker in the textile industry is a person who, as an intermediary, trades goods and services between suppliers and customers. Brokerage typically involves transactions between manufacturers, wholesalers, distributors and retailers within the supply chain. The broker deals with the wholesale purchase or sale of products according to customer demand and offers the customer affordable prices and quality products.
Brokers’ job is to find the best price and quality products for their clients. Therefore, they usually have a good network of relationships between suppliers and customers in the industry. The broker researches the products of suppliers according to the customer’s needs, examines samples and makes price comparisons. As a result of these processes, it offers suitable product and price options to the customer.
Brokers ensure the coordination of agreements between suppliers and customers, organize the transportation of products and assist the customer in the delivery process of the products. The broker charges the client a fee for his service, which is usually set as a percentage of the trade.