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Movement Towards Visa-Free Regime with EU Is Slow, Medvedev Said

2016-04-26 (23:03)

Russian Prime Minister Dmitry Medvedev has said he’s frustrated with the slow pace ...


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Port of Antwerp Experiences Slight Decline in Freight Volumes

2016-04-28 (22:59)

The port of Antwerp handled 138,905,003 tonnes of freight during the first nine months...


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Container Cargo Turnover at Latvian Ports Increased by 23.8% in January-September

2016-03-26 (23:28)

Container cargo turnover at Latvian ports grew by 23.8% in the fir...


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Supplier evaluation criteria.

In the process of searching the best business partner available it's important to pay attention to the factors that interest you most of all in the foreign supply terms.

Among the criteria which are used in choosing the suitable supplier the first place is very likely taken by the price of the supplied goods. As for the local and international trade as well the price of supplied goods influences all the profitability and consequently the expediency of business if we speak about arranging an international enterprise.

The other important criterion for choosing the supplier, especially if it produces the unique qoods and services, is a factor of time. It's considered how much time will it take to produce and prepare for supply the defined amount of goods.

One more criterion for choosing the supplier is its reliability. The level of reliability can be evaluated by checking the supplier's testimonials, the time of its functioning in a market and some other factors. The reliable and seasoned supplier is usually more suitable than the so-called ''gray horse'' or the market's newcomer.

And the last but not least criterion in our list is the criterion of quality. It's usually proportional to the price of the goods or materials. That's why the entrepreneurs who want to get the smallest price of the goods often neglect the factor of quality. But some companies take great care about the quality of the supplied goods and materials for their business. They choose the select ingredients to make on its basis the select production.

Profetrans will help you to choose the best supplier according to your personal needs.