The first step in the supply chain is the method of sourcing. It is a concern of reaching a balance between the quality of products and raw materials needed and their availability. The less money you spend, the more money you'll make. However, low-quality goods will not suffice. Sourcing involves locating the right suppliers who can provide the quality you require at a cost that allows you to maintain the required profit margin. When it comes to your bottom line, a strategic sourcing process can make or break you. Businesses frequently want to know the best way to communicate their product requirements to their supplier, as well as any inspection staff who may check an order before shipping. Here, you will see why it is important to have a quality control checklist and types of quality checks.
