Your suppliers have a direct impact on the quality of products and services you can offer your customers. As such, your company should be selective in the suppliers you choose to work with.
The Authorizing New Suppliers Policy provides easy to follow procedures and supplier approval criteria that will help you choose the best companies to do business with. The procedure can easily be customized by replacing the tokens in brackets with the appropriate officers, names and numbers. You can further edit this procedure to include additional criteria and policies that are required by your company.
The “Authorizing New Suppliers Policy” is recommended to be included within the Finance section of your Company Manual.
Word count: 390
Attachment: New Supplier Information Consideration Form (Word Doc)