Ask HN: What to do about key supplier TRIPLING their prices at short notice?
Hi HN,
I am hoping some of you may be able to offer your advice on this on, as I imagine it's a fairly generalised problem. The specifics of the issue aren't actually that important, so I'm not going to include company names or any other identifiable details.
My company has a contract with an essential supplier who I pay several hundred dollars a month for a particular service. This service is absolutely essential to my product. The original contract was for a year, and comes to an end in the next two weeks.
Today, I was told that I am a legacy customer, and need to be put on a new plan. This new plan costs $10,000 a year, i.e. about triple the price I am currently paying. Given the timing of this price hike, I simply don't have time to find an alternative supplier before my contract runs out.
I am hoping some of you may be able to offer your advice on this on, as I imagine it's a fairly generalised problem. The specifics of the issue aren't actually that important, so I'm not going to include company names or any other identifiable details.
My company has a contract with an essential supplier who I pay several hundred dollars a month for a particular service. This service is absolutely essential to my product. The original contract was for a year, and comes to an end in the next two weeks.
Today, I was told that I am a legacy customer, and need to be put on a new plan. This new plan costs $10,000 a year, i.e. about triple the price I am currently paying. Given the timing of this price hike, I simply don't have time to find an alternative supplier before my contract runs out.
What can I do?