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Factors Affecting Choice of Supplier (Location and Delivery (Is delivery…
Factors Affecting Choice of Supplier
Location and Delivery
Is delivery reliable
Are there delivery charges
Can the supplier delver regulary
Can the supplier deliver the correct quantities
It is important that the company can rely on a good delivery company to deliver the right stock at the right time to ensure the business can sell enough.
Quality
Is the suppliers quaintly acceptable
Is the quality consistent
The quality of the stock is important to a business as that is the products being used for the final product
Reputation
Is the supplier dependable
Are they respectable
Are they likely to stay in the business
The reputation of the supplier is important because if it has a good reputation you will know its reliable
Price
How does the suppliers price compare to other firms
Is it value for money
Are discounts available for regular custom and bulk orders
Are any credit terms available
This is important so that the business doesn't waste a lot of money on delivery charges, therefor the business should look for good deals