„Sourcing” means a search for suppliers, their evaluation and selection. It is an important aspect of business, because the final product quality, price and other company indicators are largely dependent on the supplier. To choose the best supplier, it is necessary to:

  • Evaluate the experience with current suppliers – feedback;
  • Find out any complaints against the suppliers;
  • Co-ordinate production, payment and delivery terms with company requirements;
  • Evaluate available information about the supplier – registration number, address, banking information;
  • Perform a factory audit;
  • Obtain feedback about the supplier.