Approve a new supplier

Quality, finance and terms checked before the first order is placed.

1. Send the supplier questionnaire
2. Get ISO certificates and insurance
3. Run a credit check
4. Review first article or samples (Quality manager signs off)
5. Check where key parts come from. Most people forget this: A single source supplier with no backup can stop the line
6. Agree price, lead time and terms
7. Add them to the approved supplier list
8. Check bank details by phone before first payment. Most people forget this: Bank detail changes by email are a common fraud

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