What s your method for quickly evaluating vendor reliability

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How do you quickly figure out if a vendor is reliable? Before working with someone new, I want to make sure they deliver on time, provide good quality, and can be trusted. Are there any simple checks or red flags you look for before deciding to work with a vendor?
Feb 27 in PMP by Parshvi
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There are just a few checks to quickly ascertain the reliability of a vendor:

  • Reviews & References – Look up online reviews and testimonials, or ask them for references from their past clients.
  • Responsiveness & Communication – A reliable vendor promptly communicates back and answers your questions clearly, giving true insight into how they approach getting their job done.
  • Past Work & Experience- Another way of gauging capability is reviewing their work portfolio, case studies, or original projects with emphasis on whether such experience is relevant to one's industry.
  • Certifications & Compliance- Check if any pertinent licenses, certifications, or compliance with developed standards are up to date.
  • Trial or Small Order- If possible, begin with a small assignment or trial order before committing to something larger.
  • Payment & Contract Terms- Good clues to a professional vendor are transparent pricing, fair contract terms, and some flexibility for negotiation.
  • Red Flags- Beware if they seem vague about their timelines, have sliding prices, or fail to provide references. 
answered Feb 27 by Naira

edited 3 days ago

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