High-Level Execution
Transcript: High-Level Execution PRDL (Purchaser's Reference Document List) in order to keep everything in order form customer side SPRS (Supplier Product Review Status) similar document for suppliers Wait for customer response usually 2-3 revisions/cycle before final approval SAME STEPS ARE DONE FOR PROCEDURES Once procedures and drawings are approved, suppliers start the manufacturing process continue to monitor progress, sending updates and pictures as necessary Marketing/Networking Efforts If no Purchase Order hold off on finding any suppliers keep customer updated, checking in every once in a while periodically (every 6 weeks) check in to see if customer would like to continue doing business, discuss SCW Commerce send RFQ (Request for Quotation) package goes to different suppliers in order to stay competitive sometimes the same products will be ordered, but will have different tags and/or colors review RFQ Hold Effort Delivery Method our usual suppliers include: Gujurat Otofilt, Realtech Industries if they are not approved, send out a template to gather all information it is imperative to do background research on these new companies, including marketing research, to find reliable suppliers for future business Supplier Add-on Template (shown in next slide) allows suppliers to add their information for us to keep on file ask for AS MUCH information as possible *SHOULD NOT TAKE LONGER THAN 2 WEEKS* Send to Suitable Suppliers Quote Purchase Order Follow Up End SHOULD NOT BE LONGER THAN 2 WEEKS Recieve quote back from supplier review carefully, checking for accuracy Make sure they are quoting what we are asking for Quantity, material, expected time for delivery Add our mark-up to price, making it an SCW Commerce quote After checking for accuracy, submit SCWC quote back to customer continue to follow up with both supplier and customer during this period submit GAD (General Arraignment Drawing) send PO acknowledgment to customer Issue PO to supplier check for correct customer, quantity, address have terms and conditions sent to suppliers as well Once PO acknowledgment is sent back from supplier, set up tracking calendar set reminders to make sure suppliers are on schedule with their order **some customers have expectations of how frequently they are updated on status (check PO)** wait for supplier to submit formal drawing review drawings for accuracy, then submit to end customers for their approval Pre-Manufacturing Process start finalizing delivery methods check PO to confirm delivery with INCO terms set already certain suppliers work with freight forwarders (check to confirm) send tracking information to customer in order for them to check on order status as well set up means to receive payment check to make sure there are no liquidated damages to subtract continue communicating with customers to find what they are looking for, whether it be material type, delivery date, etc make sure to have multiple, suitable suppliers readily available to communicate customer needs with continue discussing with customer, understanding what they want, giving them different options (of suppliers) research the market in order to find new suppliers that can fill customer's needs