As important as site visits are, it remains a challenge to make them efficient, rather than just a day tour to the factory. So what should you and your team do to make the most out of it?
How can you make sure that your potential suppliers are telling you the truth on their proposals? Doing a site visit sure is the easiest way out. So how you should make the most out of the site visit?
Focusing on the cost or price alone when selecting or evaluating the supplier is neither cost-effective nor smart. This is where the SWOT analysis, i.e. strengths, weaknesses, opportunities, and threats analysis chimes in.
If you’re looking for defining your unique criteria to evaluate or assess your suppliers or vendors, look no further. Here are 2 of the most widely accepted criteria for supplier assessment. Read on and see how can they help.
Having doubts on your supplier’s capabilities, and worrying that it could hurt your business well-being? How about an onsite risk assessment? If you’re not sure how to do it, this post could help you out.
Mass producing your products in China? Not entirely sure what’s going on in the supply chain in China? Not sure if your supplier is doing what they claim they are doing? It’s time for you to run an assessment on your supplier. Read and see how to do it.