How to choose suppliers ?

The question above is always one of the most concerned problems of PM and boss. For customers who buy finished products, what is the key factor in choosing suppliers? Out of curiosity, we did a market survey and the results are as follows：

1. Price and quality

There is no doubt that reasonable price and excellent quality are two of the most important factors in choosing suppliers. Sometimes the price is directly proportional to the quality. Low price means low quality, but sometimes the price can not reflect the quality.

2. Supplier's R & D capability

This is a necessary condition for a partner. If a supplier has no R & D capability, their products will be eliminated in future iterations. Excellent suppliers must have the ability to lead the market and bring buyers a win-win situation.

3. Others

It includes after-sales service, technical support, marketing personnel and so on. Electronic and electrical industry is a special one, which needs professional team and strong technical support.

4. Delivery time

Due to the recent global supply chain problems, some raw materials are in short supply and the delivery time is extended. So some buyers try to purchase from more suppliers than before.

According to the market survey, all things should be considered when choosing suppliers, so that you can find the supplier with the highest comprehensive ability. 

YTL has always adhered to the principle of fast delivery time, good quality and good reasonable price for raw materials’ suppliers. Due to the long manufacturing cycle of some raw materials, the delivery date is particularly important in these two years. 

What is the best supplier in your mind? Welcome to discuss with us.