Find the right supplier, pull the company's life and death lifeline!
Some might say, "Is that so exaggerated?" . In fact, it is really so exaggerated, because many chemical companies' high costs appear in the procurement side. Only containment at the source can put the company on a safe track.
In the process of development, a company will inevitably need a fixed supplier to supply. Although the price of some suppliers is very cheap, the quality is very poor and does not meet the requirements of the company. Some suppliers have improved the quality, but the price has no advantage. In short, choosing the right supplier cost the company a lot of manpower, material and financial resources.
So the question is, what is the right supplier? At least the following six conditions must be met:
First, credit. The most important thing in business is credit, but some people don't have it. This requires us to conduct a certain level of investigation of the supplier. If the supplier has no credit, then the price is cheap. Credit includes things like whether a business delivers goods on time and meets standards.
Does that mean we have to work with the big players in the industry? Because these companies have good credit and reliable products. But they may also have the downside of being slightly more expensive, resulting in higher costs for the company than its competitors.
We can also conduct initial cooperation with some enterprises that want to grow larger without any bad record, and gradually increase orders after the cooperation is stable.
Second, quality. As long as you want to do brand entrepreneurs, the quality of raw materials must be good. If the quality of the raw materials is not good, then it is difficult to make a product that satisfies consumers.
For example: Let's say we open a restaurant that specializes in live fish. But we in order to save costs, or suppliers in order to make more profits, to supply us with fish that are dying, as long as the delivery is not long, the fish dies. We may sell these fish to customers on a lucky chance, but some customers can taste the difference. Over time, the reputation of the restaurant is bad, and it is difficult to make money.
Therefore, if the supplier wants long-term cooperation, it must provide the same specifications and the same quality products as agreed on the contract. Playing smart is not a long way to go.
Third, the price. The competition of business is largely a competition of price. If price is not an issue, we don't need to work so hard to find suppliers, there must be a lot of qualified. But the problem is, if we are not in the luxury leather business, the cost problem needs to be strictly controlled.
In principle, we will choose those suppliers that meet the requirements of the company and the price is low, which is the most ideal partner.
