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Selecting a supplier is an important function of the purchasing department. Use the Internet to identify a supplier that you would use to supply items for a specific department in your organization. Describe in detail the criteria used in determining the selection of your supplier.
You are required to provide a comprehensive initial post with 3-4 well-developed paragraphs that include a topic sentence and at least 3-5 supporting sentences with additional details, explanations, and examples.
Warehouse Management: Supplier Selection
For this assignment, I will use a supplier who supplies computer accessories for my department. Particularly, the supplier will provide equipment such as desktops, keyboards, printers, ink cartridges, and laptops. I will use various approaches to confirm if the supplier will be an ideal one for our organization. As a result, among the factors that I will consider while selecting the right supplier is the price. Different suppliers quote different prices for their suppliers. Hence, it will be essential to choose the one offering the most competitive price. The internet is a comprehensive network offering several suppliers (Manuele dos Santos et al., 2020). I will use this to compare the prices of different vendors and select the one within the organizational budget.
Besides, I will have to check on the reliability and stability of the supplier. This will mainly focus on the delivery time, the performance of the product, and the long-term relationship with the supplier. Essentially, I confirm this through reading the comments on the review section on the supplier’s website. For example, concerning stability, I will check the credit history of the supplier. This will enable the purchasing department to note any complaints or positive reviews from the customers concerning the quality of products and delivery time (Manuele dos Santos et al., 2020).
Another aspect will be where to find the supplier. The department will achieve this through various media such as exhibitions, company advertisements, attending industry workshops, and searching via the internet. This will go hand-in-hand with the location of the supplier. It is often essential to consider the supplier’s location before selection (Manuele dos Santos et al., 2020). For example, using long-distance suppliers may be challenging because it may lead to delays in delivery as well as high costs of transportation. For that reason, it is normally recommendable to select a supplier within the organization’s locality for efficiency in the delivery process.