You are on page 1of 8

VENDOR ANALYSIS AND SELECTION

ASSUMPTIONS AND SELECTION OF VENDORS

Assumptions and filters

1. For the selection of vendors for different materials used in the manufacturing of garment, I have used
indiamart.com exclusively, listing out all the authentic vendors with their first-hand
information.

2. With the availability of plethora of vendors on the platform, the narrowing of the selection of 3
vendors for different materials is done on the basis of the initial understanding of the product
quality that can be made by looking at the pictures of the product uploaded by the vendor on
indiamart.com.

3. Additionally, another check that has been kept to ensure an authentic collection of vendors is a brief
look at the background of the mentioned vendors.

4. The units of measurement across different vendors are different, but there is an attempt to simplify
them and make them comparable.

Factors for choosing one vendor from the three previously chosen vendors.

While the initial selection was an easy attempt to eliminate the non-potential suppliers, this stage considers
more variables while taking the decision to select the best alternative out of the 3 chosen vendors. The
factors taken into consideration are

1. Price- Needless to say, price is one of the most important considerations as it helps in regulating the
profit margin of the business. In the given case, the prices listed on indiamart.com are considered as
final binding information and the decision is taken on that basis only.

2. Quality- Quality is an important factor as it highlights the brand value. Better the quality, better is
the perception amongst client/ end consumers. In this case, the quality is analysed on the basis of
appearance of the products in the pictures officially uploaded by the vendors on indiamart.com.

3. Ratings- Most of the sellers on indiamart.com have received a rating out of 5. This helps (is
assumed) us get an idea of the past performance of party and hence drive our decision accordingly.

4. Additional credits- Some of the sellers have received an additional accreditation from
indiamart.com (such as TrustSEAL, Leading seller etc.) that adds to the confidence that we can
attach to the potential supplier.

The other factor that does have a significant role is Delivery time. But due to lack of availability of any
information with respect to the delivery on the website, this factors has not been taken into consideration for
this report.
FABRICS

1. BASIC COTTON-SOLID DYED WOVEN FABRIC FOR THE TSHIRT

SUPPLIER Nidhi Fab Sagar Textiles Vastra Vatika


NAME

PRODUCT

LOCATION Jaipur, Rajasthan New Delhi New Delhi


PRICE Rs. 70/ per meter Rs. 70/ per meter Rs. 225/ per meter

RATINGS 4.3/ 5 3.5/ 5 4/ 5

In the given discussion, Nidhi Fab offers the best deal because
 They have the most appealing fabric.
 They are having a competitive price in the market.
 They have a high rating on the indiamart.com platform.
 The location is comparatively far away (when compared with New Delhi), but the transportation
charges would still get covered due to the favorable pricing of the product.

TRIMS

2. THREAD (FOR STITCHING)

SUPPLIER NAME R.D. Industries Shiva Impex Siddhanth Thread


Industries

PRODUCT

LOCATION Panipat Haryana Panipat, Haryana Ahmedabad, Gujarat


Rs. 80/ per piece (reel- Rs. 88.26/ per piece (reel- Rs. 170/ per piece (box)
PRICE
1000 meters) 2000 meter)
RATINGS 4/ 5 NA 3.2/ 5
In the given list of vendors, Shiva Impex offers the best product in terms of quality and also the material, as
the other vendors are offering the threads that are blended and also differ in the intended shade to be used for
the garment. Thus, considering all these factors, Shiva Impex is chosen as the vendor to build the current
consignment.

3. THREADS (COLOURED THRAED FOR DETAILING AND EMBELLISHING)

SUPPLIER NAME Shree Nivasan Sales Pvt. Aastha Enterprise VKV International
Ltd.

PRODUCT

LOCATION Surat, Gujarat Surat, Gujarat Chandni Chowk, Delhi


PRICE Rs. 130/ per piece (reel) Rs. 185/ per piece (reel) Rs. 280/ per piece (reel)

RATINGS 4.3/ 5 4.8/ 5 3.5/ 5

To add the detailing and embellishing on the front center of the garment, Aastha Enterprise is offering the
best deal as
 The quality of the product offered is the most superior despite having a higher price.
 They have the highest ratings amongst the potential suppliers.

4. LABELS

SUPPLIER NAME Quality Label Krishna Labels Inc C R Label and Tags
Company

PRODUCT

LOCATION New Delhi New Delhi New Delhi


PRICE Rs. 1/ per piece Rs. 0.65/ per piece Rs. 0.30/ per piece

RATINGS 4.4/ 5 4.4/ 5 4.6/ 5

For the various labels that are needed (Main label and fit label), the company can seek a single vendor that
fulfils the demand for both labels. In this case, C R Label and Tags is the best vendor as
 They offer the most economical pricing (less than half of prices others are charging), which when
multiplied by the total size of the order would save a lot of funds for the company.
 They are the ones who offer embroidered polyester labels, while others are offering printed labels in
this price range.
 They have the highest rating on the indiamart.com platform when compared with other identified
vendors.
5. WASH CARE LABEL

SUPPLIER NAME Arora Print Hanuman Garments Pvt. Label Express


Ltd.

PRODUCT

LOCATION Delhi Delhi Delhi


PRICE Rs. 0.08/ per piece Rs. 0.15/ per piece Rs. 0.40/ per piece

RATINGS 4.4/ 5 NA 4.7/ 5

In selecting the vendor for wash care label, Arora Print offers the best deal because
 The prices offered by Arora Prints is roughly half of other vendors.
 Even though they have a rating less than Label Express (4.4 < 4.7), their prices are 20% of what
Label Express is quoting.
 In terms of appearance, the final product of Arora Prints appears superior to the products offered by
other vendors.

TAGS AND STICKERS


6. HANG TAGS

SUPPLIER NAME United Labels Mn Corporation Shivaji Lining

PRODUCT

LOCATION New Delhi New Delhi Jaipur, Rajasthan


PRICE Rs. 1.40/ per piece Rs. 2.50/ per piece Rs. 0.60/ per piece

RATINGS 3.4/ 5 4/ 5 4.2/ 5

In selecting the hang tags, Shivaji Lining is chosen as the vendor to fulfil the requirements because
 The pricing offered by them is the most economical, which is less than half of other selected
vendors.
 They have the highest rating amongst the selected vendors.
 They have a wider variety of work on display on the indiamart.com website, which adds to their
brand profile.

7. PRICE AND BARCODE STICKERS

SUPPLIER NAME Skylark Labels Dash Technologies and Sanskar Holographics


Labels Pvt. Ltd. Pvt. Ltd.

PRODUCT

LOCATION Noida, Uttar Pradesh Okhla, New Delhi Noida, Uttar Pradesh
PRICE Rs. 0.20/ per piece Rs. 0.04/ per piece Rs. 0.20/ per piece

RATINGS 3.8/ 5 4.8/ 5 3.6/ 5

For choosing the vendor supplying stickers for barcode and price, Dash Technologies and Labels Private
Limited is an obvious choice as
 They have the most economical pricing, which is 25% of other 2 vendors, which would eventually
reduce the entire expenditure on stickers to 25% of what it would have been.
 They have the highest rating, which is significantly higher than the remaining two vendors.

PACKAGING

8. T-SHIRT BACK SUPPORT

SUPPLIER NAME Maniar Tradelink LLP Bhagya Packaging Laxmi Enterprises

PRODUCT

LOCATION Surat, Gujarat Mumbai, Maharashtra Bengaluru, Karnataka


PRICE Rs. 2.10/ per piece Rs. 2/ per piece Rs. 2.90/ per piece

RATINGS 4.1/ 5 NA NA
The shirt support is another element that supports the garment in the transit process. Hence quality
considerations are necessary keeping in line with the price factor. In this area, Maniar Tradelink LLP
offers the best proposition.
 They have a price which is a notch higher than the lowest price asked. But the reason for choosing
them is their better ratings at the website and higher number of reviews they receive.
 They also have a TrustSEAL verified certification, that makes this business more credible.
Hence, we choose Maniar Tradelink LLP.

9. WHITE PACKAGING PAPER

SUPPLIER NAME Business star Agencies Krishna Plastics M.R. Labels Co.

PRODUCT

LOCATION Chennai, Tamil Nadu Delhi Delhi


PRICE Rs. 2.65/ per piece Rs. 3/per piece Rs. 5/ piece

RATINGS 4/ 5 3.9/ 5 3.7/ 5

To finalize the packaging paper for the individual garments that will be transported, the decision is based on
the prices and ratings. With this consideration, we choose Bluestar Agencies for packaging the courier
that would be needed to ship the consignment.
This simplifies our decision, by accepting Bluestar Agencies as the ideal supplier of packaging paper to the
company.
10. POLY/ COURIER BAG

SUPPLIER NAME Swis Pac Pvt. Ltd. Bluepack Enterprises Pelican Poly and Pallets
Pvt. Ltd.

PRODUCT

LOCATION Vadodra, Gujarat Delhi Vadodra, Gujarat


PRICE Rs. 2/ per piece Rs. 115/ Kg Rs. 190/ Kg

RATINGS 4/ 5 3.9/ 5 3.7/ 5

To finalize the packaging bag for the individual garments that will be transported, the decision is based on
the prices. With this consideration, we choose Bluepack Enterprises for supplying the courier bags that
would be needed to ship the consignment. It is mentioned on Indiamart.com that there will be 100 pieces in
1Kg of packing. This would give the per piece costs of Swis Pac, Bluepack and Pelican Poly as Rs. 2, Rs.
1.15 and Rs. 1.90 respectively.
This simplifies our decision, by accepting Bluepack Enterprises as the ideal supplier of poly/ courier bags to
the company.

TRANSPORTATION PACKAGING
11. CARTONS AND CARTON TAPE

SUPPLIER NAME Rudrapriya Packaging Competition Packaging Siddharth Printers


Private Limited Private

PRODUCT

LOCATION Noida, Uttar Pradesh Mundka, New Delhi Noida, Uttar Pradesh
PRICE Rs. 12/ per piece Rs. 18/ per piece Rs. 10/ per piece

RATINGS 4.4/ 5 3.8/ 5 5/ 5

Finally, this is the stage where we ship the entire order to the client. This requires assembling the produced
garments into cartons and then binding them for a smooth transit. For that, we require a vendor who supplies
fulfils the regular business needs. For the given scenario, amongst the chosen vendors, Rudrapriya
Packaging Private Limited comes across as the best option.
 They offer the best quality product at a marginally higher price.
 While they have a lower rating, the number of reviews received is more than any other vendor,
which highlights a more prominent presence in the industry.

At the end, there are some other materials for whom the vendors have not been specified individually. The
materials included in this are Packaging Foam roll and Pins for packaging.
These items however have been considered while making the Bill of Materials.

You might also like