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What is the best frequency to visit your suppliers? Annual, Semiannual or Quarterly?

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Question added by Mohammad AL Faris , Logistics and Operations Head , Turquoise Mountain
Date Posted: 2016/01/19
Deleted user
by Deleted user

Preferably Quarterly if not Half yearly review is must.  

Vivek Alex
by Vivek Alex , Procurement Engineeer , Saudi Archirodon Ltd

Its depends on the products they are handled. If they produce long lead/critical/engineered materials Quaterly visit is better. Otherwise half yearly performance evaluation is enough in my view.

MUSTAFA KALDAR
by MUSTAFA KALDAR , COST CONTROLLER , GOURMET GULF CO. L.L.C

I suggest the visit to suppliers should be on Quarterly basis and also depending upon the Categories.

ALLEN IRERI MUGAMBI
by ALLEN IRERI MUGAMBI , Client Relationship Manager , username Investment Limited

  A visit may be necessary even though not planned. Major Suppliers (80/20) should be visited once a year by you or a subcontracted auditing firm of your choice. However, if there is a new persistent problem and the Supplier hasn’t corrected it, a visit may be necessary even though not planned. 

Rod Ward
by Rod Ward , Business Associate

This is informed by the categorisation if such suppliers  - strategic, ad-hoc, seasonal or sole suppliers for example.

This greater the classification and importance to one's business the greater frequency of visits and engagements are required, in my view.

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