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1. Search for information - Sources of suppliers

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1. Search for information - Sources of suppliers

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In this step we must take into account relevant information, identifying data, the type of product offered by the company and its history, to see its positioning in the market. The most important factors in this step are price, technology and service.

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Once we have different potential suppliers, the next step is to ask for information.
The most common ways for companies to request information from suppliers are:
-Views of commercial representatives
-Visits to suppliers' companies
-Letters of inquiry

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The information obtained is usually used to create a file for each supplier and a comparative table. As for the comparative table, we would put the different suppliers following general criteria such as; delivery time, discounts, price, transport, insurance, technical service, payment methods. With this table we will be able to compare which supplier will give us the best performance, although the evaluation has only just begun.

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The final step in the supplier search and evaluation process is supplier certification, through the use of ISO 9001 supplier evaluation criteria.
But remember that carrying out an exhaustive certification of our suppliers does not exempt us from future control tasks on the activity of our supplier companies.