To Study & Analyze Supplier Selection of Saurabh Flexipack Systems PVT. LTD

The many researches have been analyzing the purchasing concepts and modern terminology. Moreover, it is obvious that there are differences between all companies. No one can follow same strategy, has same financial status and reputation among its customers even by producing product of same specifications and quality. That is why many companies are ready to pay much more money, put more effort and time to improve the purchasing process, evaluate in advance suppliers and all possible risks. In addition, in different companies the actual supplier selection can run in a different way. While for some product it can be a simple record of actions where every step of the formal process may not be required, for another product it can change into a highly complex framework where every step is regulated by professionals. The actual process of supplier selection belongs to procurement strategic decision but in simpler way it can be also performed by purchasing department as automated steps. Keywords: Supplier,Selection,Satisfaction,Customer,Vendor, Quality ,Product