Preferred Supplier Program

Development of a Preferred Supplier Program will provide multiple opportunities for our organization. Once identified, this program will unify the efforts of purchasing, inventory control, training, sales, and marketing.  Using a select group to help identify and establish the primary vendors and with the input from all, we would like to identify vendors in this program for today and future ventures.  We can provide the direction we would like to steer our corporate sales and marketing effort.   ISSI’s commitment to select vendors will help secure the best volume buying levels and additional inventory programs available. We all realize that we cannot limit our efforts to only key vendors, but what we can do is focus our efforts with them.

Preferred Supplier Program overview
We will implement a program where a formal request to identify a preferred supplier for a particular product or area can be routed and have managements full support before the process begins. This will be a web based form, yet to be designed. These requests can be generated from anywhere within the organization.
Approval of the project will be required. After approval, projects will be assigned and prioritized.
  • Identify the suppliers that we currently deal with on these issues.
  • Identify additional acceptable potential suppliers.
  • Identify internal expertise available.
  • From the available personnel, identify a team captain and the team which will charged with the task of identifying the Preferred supplier for the assigned product or area.
The review team should consist of three members, typically a representative from the materials group and two to four participants from the branch level depending on the number of branches affected by any recommendation made. After the review team has completed their task a written report and recommendation will be required to be routed for management approval prior to any program being implemented.

Preferred Supplier Selection Criteria

  1. 1.Quality
  2. 2.Manufacturer’s Representative Support for all ISSI Locations
  3. 3.Quality of Field Support
  4. 4.Acceptance by ISSI locations.
  5. 5.Pricing
  6. 6.Competitiveness
  7. 7.Net Plus Member

We have added a form to the website which will give you the ability to enter a request for a supplier to be considered for the Preferred Supplier Program and also the ability for you to request that a product or service be reviewed to establish a preferred supplier.   They are listed under the Preferred Supplier heading on the left or you can access them at the following links:

Supplier: Establish a preferred supplier status

Product: Establish a preferred supplier