Supplier Reliability Quiz: Evaluating a New Supplier Leave a Comment / By Issy / September 5, 2024 Before You Place Your First Order: Evaluate Your Supplier’s Reliability Choosing the right supplier is crucial to your business success, and making the wrong choice could lead to costly delays, quality issues, or even financial loss. Before placing your first order, it’s important to assess your supplier's reliability and ensure they can meet your expectations. Take this quick quiz to evaluate your new supplier and gain valuable insights into their transparency, communication, flexibility, and overall reliability. Based on your score, you’ll be able to make an informed decision and avoid potential risks. Let’s get started! Name Email 1. 1: How long has the supplier been in business? A) 5+ years B) 2-5 years C) Less than 2 years D) No clear information available None 2. 2: Does the supplier provide clear product descriptions, pricing, and terms upfront? A) Yes, everything is detailed and transparent B) Mostly, but some details need clarification C) Information is vague, and I have to ask for clarification D) They don’t provide clear information without repeated requests None 3. 3: How responsive has the supplier been during initial communication? A) Very responsive (within 24 hours) B) Fairly responsive (within 48 hours) C) Slow to respond (3+ days) D) Hard to reach and inconsistent in communication None 4. 4: Has the supplier been open to answering questions and providing documentation (certifications, references, etc.)? A) Very open and provides everything requested B) Willing, but takes time to provide information C) Somewhat reluctant and slow to provide documents D) Unwilling to share information or provide references None 5. 5: Does the supplier have a track record of working with businesses like yours (based on industry or scale)? A) Yes, they have experience with similar businesses B) They have some experience, but not specific to my industry C) Limited experience with businesses like mine D) No clear track record or references None 6. 6: What is the supplier’s policy on Minimum Order Quantity (MOQ) and flexibility? A) Clearly stated and flexible based on my needs B) MOQ is reasonable but not very flexible C) High MOQ and inflexible terms D) MOQ is unclear or not provided until asked None 7. 7: Does the supplier offer clear shipping terms, including lead times, shipping costs, and methods? A) Yes, all shipping details are provided and transparent B) Mostly clear, but a few areas need clarification C) Vague shipping terms with some gaps D) No clear shipping information available upfront None 8. 8: Has the supplier provided samples or offered the ability to inspect products before placing an order? A) Yes, they provided samples promptly B) They offer samples but with some conditions C) Samples are available but costly or delayed D) No option for samples or inspection None 9. 9: How does the supplier handle payment terms (e.g., deposits, payment upon delivery)? A) Fair and clear terms, with flexibility if needed B) Reasonable terms, but not very flexible C) Strict and demanding terms that are hard to negotiate D) Payment terms are unclear or seem suspicious None 10. 10: What kind of feedback or reviews has the supplier received from previous clients (online or via references)? A) Mostly positive reviews and strong recommendations B) Mixed reviews with some concerns C) Limited reviews or feedback available D) Negative reviews or no reviews available None 1 out of 5 Time's up
