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10 Cards in this Set

  • Front
  • Back
Quantity
A suppiers should be able to delier the correct quanity.
Time
A supplier should be able to meet the firms delivery date requirement.
Reliability
The source of supply should be dependable the suppier must be respectable and like to stay in business
Price
The lowest price for the quality desined should be sough to ensure value for money
Location
Additions changes for delivery or insurance should be cheacked
Quality
A suppliers quality should be acceptable and consistent for the firms needs
Minimum
Stock level is the level that shock must not fall below as shortages in raw materials may result in reduced output
Maximum
This is the level of appropriate stock which should be held for the organisation to minmise costa.
Re-order Level
This is the point at which new stock should be ordered.
Re-order Quantity
Once the re-order level is reached, a standard quantity is automatic requested.