What is a big risk when we're purchasing without contract to suppliers. Then what things we have to do for avoid risk?

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What is the main risk for purchasing from unknown suppliers?
Posted by:
Mohd Mustaqeem
07-October-2014

Purchasing Administration

Question ajoutée par Mohd Mustaqeem , Executive Secretary , SAUDI PAN KINGDOM CO
Date de publication: 2014/08/14

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par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Supply contracts usually will have a Sale or Return clause, Which is essential for Trade in the present scenerio. Likely chance that our stock will be held up for want of required specifications or end user. We must ensure that the purchases are specific to our needs Trade/captive use.

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What is a big risk when we're purchasing without contract to suppliers. Then what things we have to do for avoid risk?

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