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What is Supplier selection?

Supplier selection is an issue in all companies and refers to the processes they follow to decide on the product or service suppliers with which they are most interested in working with, regardless of the sector in which a company works. This aspect is very important because, if it is not carried out properly, it can cause problems for companies in the form of insecurity, lack of supply or high costs.

Supplier selection begins with a sector analysis to gather information from the candidates and ends with the selection of the best supplier. Discover more about this term and others with the services offered by Buljan & Partners.

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