Suppliers and Inventory

Choosing the right supplier involves much more than scanning a series of price lists. Your choice will depend on a wide range of factors such as value for money, quality, reliability and service. How you weigh up the importance of these different factors will be based on your business' priorities and strategy.

In addition, an efficient inventory control allows you to have the right amount of stock in the right place at the right time.

Learn how to build strong business relationships with suppliers and manage your inventory.

Resources (7)

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Gestion des stocks pour un fabricant aux grandes chaînes http://www.mdeie.gouv.qc.ca Learn how to choose and implement an inventory management method. (In French only)
Manage foreign suppliers Learn about the key steps you may need to take to find and pick a foreign supplier, including the methods of payment to consider and drawing up a contract.
Manage your suppliers Learn how to establish a solid relationship with your suppliers through good negotiation, collaboration and management.
Negotiate the right deal with suppliers Learn how to negotiate a contract, including setting objectives, understanding your supplier's position and employing suitable tactics.
Stock control and inventory Explore various stock control techniques and learn how to develop a suitable system for your company.
Supplier selection process Follow this step-by-step approach to help you identify the type and potential suppliers you need, so you can make the best choices.
Supply Chain Management http://www.canadabusiness.ca Learn how to manage and optimize your supply chain, improve its environmental performance, evaluate your logistics costs, find and manage suppliers.

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Suppliers and Inventory