Imagine yourself as a manager in a company that is required to buy two different sorts of raw material items, therefore, you need to make a decision from whom you should buy these items. Supplier companies are those companies that provide specific raw material items to your company that are essential to complete a production cycle. The template is prepared for the companies to show a list of suppliers available.
Some companies desire to buy material from a new supplier as they are not satisfied with the cost or quality offered by the existing suppliers. However, choosing a new supplier must be done if the company does not want to work with the existing supplier.
Vendor contact list template
How to Use Effective Supplier from List
- Some factors must be given consideration while making a complicated decision of choosing a supplier for your business.
- Quality is one of the most important aspects while choosing a supplier.
- Raw material with below-average quality directly affects the quality of the final product.
- A low-quality product is never preferred by a customer who is not only considering monetary value.
- Reliability is one of the positive points of suppliers.
- Companies try to choose suppliers which are reliable.
- Timely delivery is important as in case of late delivery production cycle may stop.
- Time matters especially when working on a specific project.
- Project schedules are designed without time hindrance problems therefore timely delivery is very important.
Format of Supplier List Template
Every business wishes to reduce its expense to maximize profit and buying raw material is one of the major expense bears by the company.
Companies consider it important that suppliers which are providing raw material with less unit price or offering discounts over the certain number of units are preferred by companies.
A basic template for this is prepared in Microsoft excels. It consists of supplier names as well as their contact information. Address as well as fax number is also included. When a person responsible for choosing a supplier took a decision taking in regard to all the factors then he can easily contact the chosen supplier. Date when the list is prepared is also mentioned on the sheet.