Yingda have long-term and stable cooperative relations with all suppliers, and the degree of cooperation is very high, which can meet some special delivery or customized requirements. At the same time, our company will regularly review the qualifications of suppliers to ensure the stability of the supply chain.
Furthermore, Yingda will regularly analyze the cost structure and find further optimization space, so as to feedback to the customer’s quotation list to help customers better adapt to market changes and cost down requirments.
Reasonable buying plan, cost down and timely delivery and best quality
02
Inventory Management
No inventory control, classify and manage materials and keep them safe
03
Supplier Management
Regular inspection and audit quality, cost, delivery capability and sustainability
15+ Years Partners
PART 1
Procurement Management
Our company will formulate a reasonable procurement strategy to balance cost, quality and delivery time, clarify the responsibilities and rights of both parties through contracts, and reduce legal risks. Use digital tools to improve procurement efficiency and transparency.
PART 2
Inventory Management
Our company basically has no inventory reserves, and generally produces according to orders, but sometimes force majeure factors will cause some inventory. Therefore, our company will clear inventory products in time and reduce inventory costs through accurate demand forecasting and inventory control.
At the same time, classify and manage materials according to their importance, improve work efficiency, and strengthen environmental and safety awareness.
Set a reasonable safety stock level to cope with demand fluctuations and supply uncertainties.
PART 3
Supplier Management
The suppliers we select mainly consider quality, cost, delivery capability and sustainability, not just price and verbal promises. We regularly evaluate the supplier’s labels to ensure that they meet the requirements and urge them to continuously improve, so as to achieve a win-win situation.
At the same time, we formulate corresponding risk management mechanisms, maintain effective communication with suppliers, identify and manage supplier-related supply interruption risks;
At the same time, we keep up with market trends to avoid losses to our production and customer orders due to supplier price fluctuations.