We select our vendors with utmost care and scrutiny as our credibility depends on the quality of products offered by them. In that respect our vendors are our most trusted business associates. Selecting the right kind of vendor is a long drawn procedure that we follow to the T. We follow a strict screening process to identify the qualities that we think are suitable for our requirements. Our vendors must meet certain criterion before we sign along the dotted line. We cement the deal only after we are guaranteed of the quality parameters they follow in the manufacturing process and the time frame they follow to honor the deal. There are certain other factors that we take into consideration while selecting a vendor. These are as follows:
His financial position
List of past and present clients
Liability and credit worthiness
Resources spent on infrastructure