Describe how you would assess choosing a supplier based in one country over a supplier based in another country?  What, if anything, would be a "no-go" level of risk?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Describe how you would assess choosing a supplier based in one country over a supplier based in another country?  What, if anything, would be a "no-go" level of risk? 

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Picking the right provider includes considerably more than examining a progression of value records. The decision will rely upon variables like incentive for cash, quality, dependability and administration. How you weigh up the significance of these various variables will be founded on your business' needs and methodology.


The best providers are the individuals who offer items or administrations that match - or surpass - the requirements of your business. So when you are searching for providers, it's ideal to make certain of your business needs and what you need to accomplish by purchasing, rather than essentially paying for what providers need to sell you.

For instance, to chop down the time it takes you to serve your clients, providers that offer you quicker conveyance will rate higher than those that contend on cost alone.

 

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