Outline a basic, step-by-step process for selecting new vendors.
Task: Outline a straightforward, step-by-step process for selecting a new vendor for [product_or_service]. Context: Focus on essential steps for small to medium businesses. Format: Provide a numbered list.
Create a framework to evaluate key supplier performance metrics, ensuring quality, reliability, and cost-effectiveness.
List common red flags or warning signs to look for when reviewing supplier proposals or bids.
Quickly draft a simple purchase order for common goods or services, including key details like quantity, price, and terms.