With the competitive market and globalisation, it has become essential to have a reliable and cost effective vendor to provide products of international standards at a competitive rate.
The product of any company depends on the quality of services / material and sub-assemblies supplied by their supplier/vendor. A suitable supplier supplying materials of acceptable quality and providing prompt services can help the company in achieving the promised delivery schedule and maintaining quality of the end product. Thus, evaluation of supplier/vendor before placing orders is of immense importance.