Do you think supplier’s references are important?

Do you think supplier’s references are important?

When you are looking for stock, you can often either find it online or more conventionally through standard offers you receive from suppliers. However, if the stock comes from a new supplier it may not be reliable.

The one aspect that is not always taken into consideration is references.

References allow us to examine how the potential supplier has interacted with its current and former customers.

They allow us to determine whether the supplier has ever provided non-compliant material and, if so, how it handled noncompliance and refunds. An independent distributor can be a useful ally in vetting potential new suppliers.

If you decide to rely on a new supplier of electronic components, you should consider payment options carefully – especially in the beginning when mutual familiarity is not yet fully developed.

You should also only complete payment after confirmation of material shipment. Your top priority should be to avoid paying money to someone who might disappear after meeting you for the first time.

In this case, an independent distributor should be able to provide you with other payment options because their job is to help you safeguard and realize your goals.

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