Factors to consider before Choosing a supplier (Location ( Close…
Factors to consider before
Choosing a supplier
High quality leads to high quality finished product.
Good value for money. "High quality for A fair price."
Ethics and Enviroment
Ensure they are 'fair trade' and minimise packaging
Helps the business achieve its own CSR objective
Close location = reduced travel costs
Reduced carbon footprint
Ensure they are able to deliver on time in
the right quantity and quality
Able to deliver the amount requested
Are discounts available for buying in bulk?
Is the business able to pay at a later date
= improving cash flow