Supplier Sourcing

1. .
Supplier
Sourcing
How to source
from the best
suppliers?

2. .
Hello There!
I’m Almera

3. What is
Supplier Sourcing
the process of
selecting suppliers to
provide the goods
and services you need
to run your business.
.

4. What is
Supplier Sourcing
.
Quality
Cost-effective
manufacturing
maintain control of
inventory levels and
overhead costs.

5. Incoterms
RFQ - Request for Quotation
.
FOB- Free on Board
DDP - Delivered Duty Paid
EXW - Ex Works
MOQ - Minimum Order Quantity

6. Things to know about the item
being sourced
Logo
Image of the
product
.
Color
Size
Weight
Design

7. Suppliers Website
.

8. Suppliers Data
Gathering
.
Verified
Supplier
Trade
Assurance
Certifications
Responsiveness
on inquiries
Years
Established
On-Time
Delivery Rate
Review Rating
Transaction
Amount and
Count
Main Product

9. Sourcing Process
.
Preparation of
item details
Identify Supplier
Self-introduction
Showing interest
in their product
Submission of
RFQ
Inquiries for
additional
details such as
sample fees and
production time
Thank them for
the
information

10. Choosing the Best Supplier
and Data Analysis
.
Primary
Supplier
Secondary
Supplier 1000 UNITS
Compare Evaluate Analyze
EXW EXW
FOB FOB
DDP
Production Time Production Time
Profit Margin >30% Profit Margin <30%

11. .
You’ve found your
best supplier!
ALMERA SINGSON
almerasingson07@gmail.com