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How to choose a supplier

Criteria for Supplier Selection The most fundamental criterion for a good supplier is that its products are good

1.the product quality is good;
2.the product price is appropriate;
3.the product is advanced, with high technology content, and the development prospect is good;
4. the product supply is stable and the supply is guaranteed. Such good products can only be produced by those powerful companies.
What aspects should be considered when choosing a supplier?
1 Quality factor
Quality is the survival of supply chain, and the use value of products is based on product quality, which determines the quality of final consumer goods and affects the market competitiveness and market share of products. Therefore, quality is an important factor in choosing a supplier.
2 price factors
The low price means that the enterprise can reduce the cost of its production and operation, which plays an obvious role in improving the competitiveness and increasing the profit of the enterprise, and is an important factor in selecting suppliers. However, the supplier with the lowest price is not necessarily the most suitable supplier, and many factors such as product quality, delivery time, and transportation costs need to be considered.
3 The punctuality factor of delivery
Whether the product can be delivered on time at the agreed time and place directly affects the continuity of the production and supply activities of the enterprise. It will also affect the inventory level of the supply chain at all levels, which in turn affects the company’s response speed to the market, interrupting the production plan of the manufacturer and the sales plan of the seller.

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