What to Consider when Choosing a Supplier for your Business

Posted by previsomedia under Management
From http://www.noobpreneur.com 3200 days ago
Made Hot by: logistico on July 18, 2015 4:43 pm

The different aspects you need to consider when selecting a supplier, to put your business on the right path to problem-free success.

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Comments

Written by lyceum
3194 days ago

Ivan: Yes, that is right. It has been easier to track goods nowadays, but it is still a risk factor involved.

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Written by lyceum
3196 days ago

Ivan: Delivery time is another word for lead-time. The time it takes for placing the order, until you have it in your warehouse. If you have a long lead-time, it is a bigger risk for things that could go wrong, and you will not have the goods in time. Theoretically it should be no difference if you have a lead-time for say 4 weeks within the same region (e.g. European Union), compared to 4 months from Asia to North America with production time and shipping, container handling, and the delivering by truck. But physiologically it could get tricky with a long planning time, from start to finish.

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