A comprehensive cost. The price of the chemical product is different in different regions, which is determined by the local supply and demand relationship. Maybe the supplier we selected has an advantage in product price, but after we pull back from the origin, the cost is higher than that of other suppliers, which requires us to re-examine the choice of procurement.

Some companies may choose the supplier's price is the cost of shipping the product to the company, excluding the impact of freight. At this time, there may be other costs, such as: repair costs, maintenance costs, insurance costs, etc.

Therefore, when we select suppliers, we also consider the comprehensive cost of procurement.

Time. Time is also one of the factors to measure whether a supplier is reliable. It includes the delivery time of the product and the payment date.

For example: Suppose there are two suppliers, supplier A's offer is 1.9 yuan/catty, but requires you to pay on delivery. B The supplier's quotation is 2 yuan/catty, but you can pay 90 days after the arrival of the product.

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.

Most companies may choose to cooperate with B supplier, because the company has a 90-day account period between receiving raw materials and payment, which can make the company's cash flow healthier and avoid the company's possible cash flow crisis.

If we add in differences in handover times, people's choices may be different again. For example, supplier A can deliver the product to your company the next day after you place an order. And supplier B will take half a month to deliver to your company. The huge difference in handover time may cause half of the companies to choose supplier A and half to choose supplier B.

Service. In the process of product delivery, it is inevitable that there will be product expiration, product deterioration and product damage, if some suppliers provide free return and repair services, and some suppliers do not provide these services, then the more thoughtful service suppliers may be more reliable.

In the selection of suppliers, there may be other requirements because of the particularity of the industry, but at least to meet the above 6 points, in order to be a reliable supplier.