AITAM SCHOOL OF COMPUTER SCIENCE AND MANAGEMENT

V.Varaprasadarao 10PM1E0046 Topic: supplier selection Sub:l&scm

Choosing the right supplier

Choosing right supplier involves much more then scanning price lists you choice will depend on a wide range of factors such as value for money , quality , reliability and service .

Thinking statically selecting supplier

Effective purchasing focuses on what your business needs and what you want to achieve the right products or services and a good price are not the only factors to consider for example if you want to cut down the time it takes you to serve your customers suppliers that offer you quick reliable delivery will rate higher than those that compete on price alone

Supplier selection process

Thinking strategically when selecting supplier What you should look for in a supplier Identifying potential suppliers

Supplier selection process

Drawing up a short list of suppliers Choosing a supplier Getting right supplier for your business

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