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Supplier Selection and Evaluation

Supplier Selection and Evaluation

With the intensification of global competition and the acceleration of product iteration, in order to achieve low-cost, high-quality, flexible production, and rapid response, the restructuring of enterprise business processes requires good management of strategic suppliers. Traditional supply relationships are no longer suitable for the increasingly globalized market environment.

The performance of strategic suppliers directly affects the performance and long-term development of enterprises, affecting their success in areas such as information sharing, product innovation, on-time delivery, product quality, inventory equivalent management, capacity assurance, and cost control.

Supplier Selection and Evaluation

The company is well aware that strategic suppliers are an important support for its success. Managing and utilizing strategic suppliers is of great significance for the continuous improvement and sustainable development of the company's competitiveness. The company has established close cooperation relationships with multiple strategic suppliers, aiming to achieve common strategic goals through cooperation. At the same time, the company's management of suppliers is also long-term and effective, investing a lot of manpower and material resources to do a lot of work, including screening and selecting strategic suppliers, establishing cooperative relationships, strategic collaboration, performance evaluation, risk management, and continuous improvement. Through effective management, the efficiency and stability of the supply chain have been improved, providing strong support for the company's development.

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