Business Objective: Suppliers

Note: This is an electronically generated translation. It may not be 100% perfect.Read more.

Weakest link determines the end result

A chain is only as strong as its weakest link.

The whole depends only on one link

A chain is as strong as its weakest link.

You may work as hard as you can to meet your quality standards, but if your vendor fails for example by late deliveries or delivering bad products, this will nullify all efforts that your organization delivers. This has a negative effect on both your customers and employees.

Selection of suppliers

The company selects suppliers on their reliability and quality delivered by them.

The quality level of the supplier must be at least equal to the quality requirements of the own company. Quality standards and procedures must therefore be a part of the selection criteria.

Example business target suppliers:

  • The company sets minimum quality requirements that vendors must meet when delivering their products and/or services.
  • Companies shall provide delivery conditions for suppliers.
  • The company sets standards with regard to mutual communication between the companies.

Selection of suppliers

The company selects suppliers on their reliability and quality they provide. The quality of the supplier must be at least equal to the quality of your own company. Quality standards and procedures should therefore be part of the selection criteria. Communicate regularly with suppliers to define the quality and standards they must comply with in order to continue servicing your company.

Example objective: these examples you can use in your business plan.

  • The products and/or services of suppliers must meet the following quality standards … … … … … … … … …
  • The company states that the delivery conditions for suppliers are as follows: ………………………………………….
  • The company states that by verbal communication between employees of both companies, there is always a written confirmation that confirms the agreements.

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