Are my suppliers right for me?
Posted on 22nd June 2018 at 14:44
As a business you need to understand who is supplying you and with what. Does your supply base support your business or do you find that you are always being pushed to the back of the production line because the order is small?
When you have spent a great deal of time scoping the market, identifying your needs and service level expectations you don't want to be left without product because your business doesn't meet your supplier's requirements.
If you are an SME, finding the right suppliers is key to enabling you to grow and expand. By reviewing the five rights - right quality, right quantity, right source, right time and right price you will realise that each area comes with a trade off.
Using MCIPS qualified staff, Pro-Outsourcing can help you identify and implement Procurement Strategies that will ensure your suppliers are able to meet your needs now as well as being set up to support your growth.
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