Introduction
Sourcing products for business is a critical step in the supply chain. Understanding where and how to source products is essential to maintaining a successful business. But sourcing isn’t always easy, especially when you don’t know where to start or what questions to ask. In this guide, we’ll walk you through some common questions related to b2b as well as how they relate to your overall supply chain strategy.
Price
The price is not the most important factor. It is one of the factors that you should consider, but it shouldn’t be your only concern. There are many other things that you need to take into account when choosing a supplier, and the cost of their products shouldn’t be your primary concern.
Quality
Quality is the most important factor when it comes to finding safe b2b sourcing. Quality control is a must because it can save you time and money. It’s also important for quality control reasons, because if you don’t have good quality control then there will be consequences on your reputation, your life, or even both.
Quantity
Quantity is a key consideration when you’re searching for a supplier. If you need one hundred units of a product, it’s important to find a supplier who can deliver that quantity, but also one that can increase your order if necessary.
An important part of this is knowing how much demand there will be from your customers. If 500 people buy the same thing each year and you sell 25% of them in bulk packages, then 25%*500=125 people will buy large quantities from suppliers like yours. If there’s no market for buying in bulk or if no one wants large quantities of your products on their shelves (or whatever), consider working with smaller suppliers instead!
Delivery time
Delivery time is important to know if you can meet your demand. If you have a tight schedule, then you need to find a supplier who can meet your demand. But if you have a flexible schedule, then you will be able to find suppliers that are willing and able to work with your changing needs.
port of destination
You should also know where the port of destination is, and how far it is from your business. You can find this information by asking your freight forwarder or logistics provider for help.
The distance between the two sites should be as short as possible, yet still, allow for a sufficient amount of time to get there on time. If you’re shipping goods across countries or even continents, make sure to contact several different carriers so that they can tell you which ones will offer you their best pricing and service options.