Register now or log in to join your professional community.
1. Create new trends in you product line with latest innovations in its kind
2. If you cannot create trends, then predict the upcoming trends in your product range based on fashion and session.
3. Prefer supplier maintained inventories, which will give flexibility in all aspects to locate right item at right time at right location.
The best protection for long-term success, where low price is a cornerstone of your product differentiation, is to:
1) who will provide good quality, low price , in time delivery and suitable payment terms.
If you know what you want , you send RFQs , analyse and compare them, choose the best , negotiate it with the supplier and then set the PO.
should be as per required specifications, quality & good price.
1.looking least price with the required quality
2.enquire the history of supplier or competetor
To find the right elements requires several factors:
1. I should have a large data base of suppliers .
2. Send a request quotations from all attached specifications and method of payment .
3. The study of all quotations and choose the most appropriate in terms of specifications and price and method of payment.
4. Negotiate with the supplier to get the lowest price and highest quality and most convenient way to pay
COMPARE ALL DATA OF SUPPLIERS ON BASIS OF BELOW DATA PROVIDED BY SUPPLIERS:
PRICE, DELIVERY TERMS, PAYMENT TERMS.