How To Acquire The Right Parts Supplier
Finding a good parts supplier is half the battle. Finding a parts supplier that can meet your demands is the other. In the world of B2B, supply chains and long-term relationships are the two most important things. If you need parts that other companies make to create your products, understanding these two things will solve so many problems. There are a number of ways you can acquire the right parts supplier.
Understand your production process
The parts supplier doesn’t need to know
your production process, but you do. This is because you need to know…
What kind of parts are used when, during the process?- How many of these parts are needed for each stage?
- What is the average rate that the parts are wasted during the fitting process?
- How many do you need per month to meet demand?
Once you know these answers, you can form a picture of just how many parts you require to keep your production line pumping out your products.
Research the parts
Your parts and or material procurement team, have to know what their options are. Researching the market, you can find several parts suppliers of the same part. But, which one is better? This is why, making small reports about each supplier’s part, their location and potential for working with you really helps to guide you. For example, if you need
Tactile Switches for your electronic products, work with a company that has many of these types of switches because it shows dexterity. They can make lots of different kinds and that means they have expert knowledge in this area. They must also be working with many different industries which shows the versatility of their product.

Budget your needs
Parts are usually inexpensive compared to other larger purchases. However, this is true for the individual part, but when you need thousands and thousands of parts, costs can add up rapidly. This is why efficiency is also key, so invest in training employees who won’t waste a part during the fitting process. Work out what your budget needs to be, in order to
fulfil business demand. Then have an extra amount of funds ready in case of overruns or changes in the market which affect price.
Making contact
Once you feel you have narrowed the list of potential suppliers enough, then you need to contact them. Sending out an email along with a phone call is standard practice, but you should also have another thing ready. A short partnership report is a great way to show a supplier what you need, the quantity, why you have chosen them, and what they stand to gain i.e. a highly profitable deal, a long-term relationship, brand exposure, etc. When the supplier asks for more information about your query, this short report shows them you are serious.
Getting the right kind of parts will affect how well your product safety and reliability are seen by the consumer. So work with the best client possible and it could boost your brand invariably.









