Supplier selection usually depends on one thing: the best price. But more and more companies are finding out that cheap rates aren’t everything. Here are steps that you should consider instead. They’ll help improve your sourcing strategy and get you better results.
Check Certifications
When you look for a manufacturer for full bore valves, start by going over the qualifications of the company. That’s one of the best indicators that the company is reputable and that you can trust it with your order requests.
Look at Network
Is the company part of any governing network? Are they part of any reputable platforms that provide industrial or business buyers with a way to connect with suppliers? That’s also an excellent indication that they’re trustworthy and can be the best choice for the parts you need.
Consider the Weather
Nothing happens in a vacuum. When you pick a manufacturer, be sure to go over the weather-related risks, too. Will severe rain impact production deadlines? How often will this happen, and when? You can put in contingency measures to make sure you can maintain business as usual if this happens.
Read the Product Info
Detailed product information is also crucial in helping you figure out which manufacturers are worth your time and money. The last thing you want is to buy something only for it to be a mistake because of the little or lack of information the manufacturer provided.
Ask About Scalability
Can the manufacturer provide for the needs of your business? If you are expanding your operations, do they have the manpower and equipment to handle more volume in your orders? Discuss that with the company, so you can also map out your growth pattern and strategy. If it overwhelms the supplier, you’ll need to start looking elsewhere for supplemental help.
