Factors to consider in selecting potential suppliers of raw

materials and other inputs.

1. PRICE
If you focused on managing your
finances, a main consideration for
selecting suppliers is affordability yet
possesses a good quality product.
2. RELIABILITY
Developing a closer relationship with a
reliable supplier means getting quality,
timeliness, innovation and
competitiveness, which are all assets in
continuously receive throughout the
supply chain relationship.
3. STABILITY
Look for qualified suppliers who
have been business for a long time.
Stability is important, when
entering a long term contract with a
supplier.
4. LOCATION
Consider about location when selecting
suppliers. Dealing with distant
suppliers might provide you a longer
delivery time and extra load costs. If
you need it fast, a local supplier might
be a better option.
5. DEVELOPING
PARTNERSHIPS
Basically, the suppliers’
relationship is at its best when
strategic partnership is made,
allowing full facts of the source of
materials and guaranteeing high
quality.
 DIFFERENTIATE
SUPPLY CHAIN and
VALUE CHAIN
Recruit qualified Candidate for one’s
business enterprise.
 Search for a career oriented Individual
 Evaluate for Practical Experience
 Test Your Applicants
 Determine Strengths Needed for the
Position
 Culture Fit
 Take them onboard
 Run Social Checks