Procurement Strategy

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Step 6: Determine Method of Supplier Evaluation and Selection

- Check supplier provided information:

- RFP’s

- Detailed cost information

- Supplier visits

- Use of Preferred suppliers

- External or Third-party information

- Cross-functional teams evaluate suppliers directly through the site visit

- Cost structure

- Delivery performance

- Quality systems and performance

- Management capability

- Workforce capability

- Supplier agility and flexibility

- Supplier’s supply chain management capabilities

- Process and technological capability

- Environmental compliance

- Financial capability and stability

- Information systems capability

Step 7: Select the supplier and reach an agreement

- Competitive Bid

- Negotiations

- Contracts

3. XXX. It can simplify the international trade and help to solve the complexity of compliance issues. It easy access to get information, and it need to manage the process of international trade in services from a single Web interface. Furthermore, It has to predict and manage trade laws and regulations, it conform to the new requirements, and to assess the global partners. With this knowledge, it can better protect your profitability of international trade, and obtain obvious competitive advantage.

4. UPS allows customers to use in-transit inventory of UPS network as collateral to obtain working capital for your business. Hence, it does not need to wait for a few weeks or months to convert inventory into cash, you need to run and grow your business. You also have a lot riding on each shipment. Especially in the international, and keep the cash to unforeseen risk hedge is a luxury some small companies can afford. Cargo transportation insurance, through the status of the UPS can provide to protect your goods in transit anywhere in the world, whether they are in the supply chain.

6. The sooner cash come in, the company can more quickly to purchase new inventory, and to invest in business. UPS supply chain solutions can help accelerate cash flow, and from easy to customize the requirements of Web based format, it can raise the level of customer service. It allows customer to discern all of the shipping activity allows customer to safe, and effective transportation information management. Whether the company wants to notify the customer, the initiative to provide their goods in transit, or create a custom tracking report. This free software will notify immediately, when the shipment delivery. In this way, it can automatically invoice the clients and get paid earlier.