The main body of procurement activities are customers and suppliers, and the process is mainly carried out between them. On the left is the customer, and on the right is the chemical industry companies supplier. They need to complete the procurement process through several steps. Choosing a supplier is the most important part of purchasing.

Different industries have different requirements for suppliers, and suppliers should be selected according to the special requirements of the industry and the enterprise. The selection of suppliers should also be based on their own circumstances. How does smart purchasing choose suppliers? First let's look at some of the factors that influence the choice of supplier.

1. Influencing factors

Suppliers belong to an open system of supply chains, so the choice of suppliers is also affected by various economic, political and other factors.

1.1 Quality

Quality is the survival of the supply chain, and the use value of products is based on product quality, which determines the quality of final consumer goods and affects the market competitiveness and share of products. Therefore, quality is an important factor in choosing a supplier.

1.2 Price

Low price means that enterprises can reduce the cost of production and operation, which has an obvious role in improving the competitiveness of enterprises and increasing profits, and is an important factor in choosing suppliers. However, the supplier with the lowest price is not necessarily the most suitable, and many factors such as product quality, delivery time and transportation costs need to be considered. The figure is an example of price comparison through visualization, through price comparison, can help enterprises better choose suppliers according to the price of goods.

1.3 Delivery punctuality

Whether the products can be shipped to the agreed time and place directly affects the continuity of the production and supply activities of the enterprise. It will also affect the inventory level of the supply chain at all levels, and then affect the reaction speed of the enterprise to the market, interrupting the production plan of the manufacturer and the sales plan of the seller.

1.4 Variety flexibility

In order to survive and develop in the fierce competition, the products produced by enterprises must be diversified to meet the needs of consumers and achieve the purpose of occupying the market and obtaining profits. The diversification of products is based on the flexibility of the variety of suppliers, which determines the types of consumer goods.

1.5 Other influencing factors

Including design ability, special process ability, overall service level, project management ability and other factors.

2. A principle for selecting suppliers

In the "Q.C.D.S" principle, that is, the principle of quality, cost, delivery and service, of these four, quality is the most important, first to confirm whether the supplier has a stable and effective quality assurance system, followed by cost and price. The average performance score is used to evaluate suppliers from multiple dimensions such as timely delivery, quality, response speed and cooperation. If the supplier does not meet expectations, it needs to be rectified.