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a . Criteria for Selecting Suppliers: Negotiation Leverage: Using China's competitive manufacturing market to negotiate favorable terms without sacrificing material quality or environmental standards. Reliability
a Criteria for Selecting Suppliers:
Negotiation Leverage: Using China's competitive manufacturing market to negotiate favorable terms without sacrificing material quality or environmental standards.
Reliability and Track Record: Evaluate potential suppliers based on them history of reliability, delivery times, and ability to handle complex orders.
Sustainability and Ethics: If sustainable practices and ethical standards align with our brand values, prioritize suppliers who adhere to them. Sustainable materials is one of the major aspect of this business.
b Price decisionspurchasing:
Negotiate with Suppliers: Secure discounts for bulk purchases to lower peritem costs and maintain flexible agreements to adjust order quantities and delivery as needed.
Competitive Supplier Market: The high density of manufacturers in China creates a competitive environment, often leading to more favorable pricing for buyers.
Consider Total Cost of Ownership TCO: Account for all costs, including initial purchase, transportation, storage, and potential waste, for smarter financial decisions.
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