EDUCATION 101: Supplier Sourcing

Supplier Sourcing

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SUPPLIER SOURCING

Supplier Survey: Who can supply?

Sources of information relating to potential Suppliers:

 

  • Catalogues: they contain valuable information and format of presentation is simple
  • Trade directories: These contain new product requirements occasional special requirements and so on.
  • Yellow pages
  • Sales persons: They can provide useful service information regarding suppliers
  • Exhibitors/Exhibitions: these provide an opportunity for comparing competing products and meeting representatives of suppliers
  • Trade journals
  • Information exchange between buyers
  • Information provided by prospective suppliers.

 

Attributes of a good supplier

There are a number of attributes which might be regarded as desirable of a typical relation and may include a supplier who:

  • Delivers on time
  • Provides consistent quality
  • Has a stable back ground
  • Provides a good service back up
  • Provides a good stock service.
  • Does what he or she says will do.
  • Provides technical advice
  • Keeps the buyer informed on progress.
  • Offers good price
  • Is responsible for a buyers need.

 

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