Entries tagged as supplier selection criteria

We continue our discussion about supplier selection process. This time we are going to review the criteria by which you should evaluate suppliers to select the right one. There are many potential criteria, we will focus on major ones:

Reliability, Financial Stability, Quality and Continuous Improvement, Competitive Pricing, On-time delivery, Customer Service and Communication,  Informative and functional Website, Approach to Partnership, Environmental Record, Corporate Social Responsibility. 

If you are a small business and do not have a formal methodology to select suppliers you need at least to be familiar with these criteria.