Supply chain plays a key role in modern day business, especially manufacturing. Almost every organization or company, whether small or large, needs a strong partner in the supply chain. The success or failure of the business often depends on the efficiency of the supply chain partner. It is essential for every company to choose the right and best supply chain partner that will fit their needs and helps pave a path to success.

Here are some key factors that you need to consider, while choosing your right supply chain partner.

Quality

The first and foremost thing one needs to consider, while selecting a supply chain partner, for their company is quality. It is extremely crucial to check a partner’s certifications and qualifications to insure the quality. You can check out the reviews and qualifications of the partner you are considering. It is always advisable to do your research before purchasing.

Cost

Cost is another important factor which needs to be considered. Don’t ever consider the partner who offers cheap products, reasonably priced products are always preferred but value must be measured. If you consider popular branded products you will be charged more for the brand name than a quality competing product. Cheap products are not usually good products, so we advise that you avoid the cheap products.

Reliability and Capacity

Insure that the supply chain partner you are considering is capable and efficient to meet all of your needs. Also know how long they have been in the industry. Talk with the some existing customers to get other opinions. Certifications help in determining reliability as well.

Service

The customer service should be accommodating and should make you feel comfortable. Once you are comfortable with them, you can easily ask questions related to the products and expeditiously get any potential problems resolved.

Warranty

Insure that your supply chain partner offers a valid warranty on the products you purchase. Typically you can only promise a warranty for your clients based on the warranty given to you, by your supply chain partner.

Delivery

On time delivery is a prime concern for any organization so, it is essential to make sure that the supply chain partner you are considering will deliver the products requested or ordered on time. A track record should be available for your review.

Please consider all the above factors while selecting a supply chain partner who meets your organization’s standards. All the suppliers that exist around the world, are not necessarily genuine, so to rely on them to expand or build your business means it is quite important to select the right supply chain partner, for right reasons. We are honored to report that Proactive Components, Inc. meets this criteria for thousands of organizations over the last 15 years.