The management of a company must be based on several pillars and one of the most important is related to suppliers. Finding reliable suppliers is essential not only for the quality of the goods, but also for delivery on time and in the agreed quantity. Many entrepreneurs end up having problems in their entire production process when they do not have reliable suppliers, so it is necessary to observe some care to avoid problems.
The search for suppliers can be made in fairs and events, catalogs or magazines of the area and also on the Internet, which provides various possibilities and much information. In addition, business chambers and trade associations can also be a good source in your search.
If the company does not yet have reliable suppliers or is looking to increase its base, it is important that those responsible for the purchasing area are consulted. It is necessary to define a strategy based on the advantages and disadvantages of each supplier that the company already has and, with this, define the need for other suppliers. There are consulting firms specialized in providing analysis and profiling of potential suppliers.
You need to know your suppliers thoroughly. All data relating to the supplier must be entered in a spreadsheet. Besides the registration data, previous experiences with this supplier must be inserted, which payment conditions he offers, such as delivery of the goods, which are the forms of contract he has, among other data that may be necessary to evaluate him. The data must be constantly updated.
The data properly updated from your suppliers will enable you to understand how they have served your company. In case there are delays or problems with the quality of the goods, it is necessary to schedule a meeting and try to understand what is happening. Try to establish partnerships with the most reliable suppliers with contracts that guarantee the quality or the exchange of the raw material received.
Always look for alternatives for your main suppliers. In cases of delay or non-delivery of raw material, it is necessary to resort to another supplier and this data should already be properly catalogued to optimize the purchasing process.
The use of software to control your purchases and consequently your suppliers is extremely beneficial for your business. But this alone is not enough. It is necessary to invest in adequate training for the employees in the purchasing area, since they will be responsible for the information used in the management of the suppliers.
The search for reliable suppliers must be based not only on quality and price, but also on deliveries made correctly, as well as on deadlines and conditions presented by the supplier. It is necessary to invest in research, either through the Internet, or in fairs and events in the area, as well as other possible sources. It is necessary to detail as much as possible the relationship already existing with a certain supplier and always have an emergency plan in hand, so that there are no unforeseen events that could compromise its production.
How about you? Do you have any other tips on how to find reliable suppliers? Leave us a comment!