approved supplier

a raw material or component supplier which is selected as the ‘preferred’ source of inputs as part of a firm's PURCHASING requirements. In recent years many firms have sought to reduce the number of their suppliers and this has led to greater emphasis being placed on the means of approving suppliers. The trend has been to move away from item price as the single determinant of who supplies, to a list of attributes the supplier must constantly keep to. For example, accuracy of delivery times, or agreed quality standards and specifications, as well as total item cost. Approved suppliers benefit from this arrangement because it usually involves longer-term agreements to supply. See SOURCING.

单词	approved supplier
释义	approved supplier approved supplier a raw material or component supplier which is selected as the ‘preferred’ source of inputs as part of a firm's PURCHASING requirements. In recent years many firms have sought to reduce the number of their suppliers and this has led to greater emphasis being placed on the means of approving suppliers. The trend has been to move away from item price as the single determinant of who supplies, to a list of attributes the supplier must constantly keep to. For example, accuracy of delivery times, or agreed quality standards and specifications, as well as total item cost. Approved suppliers benefit from this arrangement because it usually involves longer-term agreements to supply. See SOURCING.
随便看	contribution au développement de l'apprentissage contribution au développement rural contribution au service public de l'electricité contribution-based compensation appraisal system contribution from taxable income contribution funds for basic and normal education contribution in aid of construction contribution in kind contribution in lieu of council tax contribution in lieu of rates contribution margin contribution margins contribution of ethnic minority employees to small and medium contribution optimizing sales territory alignment contribution per unit contribution plan contribution pour le remboursement de la dette sociale contribution processing system contribution rating increase contribution représentative du droit de bail contributions contributions from the dominion astrophysical observatory contributions in aid of construction contribution sociale généralisée contributions of 20th century women to physics