How to Choose the Right Supplier

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January 10, 2021

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If you want to get silicon wafers and services that can surpass your business requirements, you should know what to look for in a silicon wafer supplier. Although this can be a little challenging, we’re here to help you choose the right one for you.

How to Choose the Right Silicon Wafer Supplier?

Your Guide to Choosing the Right Supplier for Your Business

Set Your Criteria

Since the outcome of your products and/or services is primarily determined by the dependability of your suppliers, they have to fulfill a list of criteria. Setting your criteria will help you evaluate your prospects objectively. This list should include the following:

  • price
  • total cost competitiveness
  • minimum and maximum order quantities
  • lead times from the receipt of the order to the delivery
  • handling and storage facilities
  • methods of delivery
  • quality assurance process
  • payment terms and conditions
  • return policy

Call for Bids

You have to get the full details of the quality and the quantities of silicon wafers you need, the delivery dates, and other quality standards that you’ve already defined in your set criteria. To do so, you should call for bids by sending your prospects a Request for Quotation (RFQ) or a Request for Proposal (RFP).This should allow the bidders to provide you with detailed information on the types of processes they use. This will also give you an idea about the stability of their suppliers for raw materials.

Compare Each Bid Submission

The next step is to evaluate the bid submissions against your own set criteria. If some items aren’t clearly stated, you should question them. To check if what they offer can match your requirements, you should also carefully review their scope of services mentioned in their proposal.At this point, you should have already decided on the importance of each item that’s stated in your criteria. Once this is determined, all bid submissions must be scored against this so that you can evaluate them objectively.

Keep Track of Your Supplier’s Performance

To make sure that everything is going according to the agreement, be sure to monitor your supplier’s performance. The quality of their performance serves as your basis for contract renewal.

How to Choose the Right Silicon Wafer Supplier?

The Right Silicon Wafer Supplier for Your Business

If you want to receive high-quality wafers at the best price possible, get in touch with Wafer World today. We’ve been serving satisfied clients across the globe for the past 25 years!

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