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Last updated on 2024年6月2日

Here's how you can effectively research a company before a supplier sourcing interview.

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Preparing for a supplier sourcing interview can be a daunting task, but thorough research on the potential company can set you apart as a knowledgeable and proactive candidate. Effective research not only helps you understand the company's history and business model but also provides insights into their market position, reputation, and operational strategies. This knowledge can be instrumental in tailoring your approach to their specific needs and challenges, demonstrating your value as a supplier sourcing professional.

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?Youcef GUERROUD

?? 1??5?? K FOLLOWERS || LOGISTICAL IN AUTOMOTIVE & FMCG INDUSTRY || ACHAT | PROCUREMENT | PURCHASING | INCOTERMS |…
Shahbaz Sultan FCIPS, CMILT

Supply Chain & Procurement Evangelist | xNestle | xJazz
Syed Faizan Jafar Abidi

1 Company Profile

Begin your research by delving into the company's profile. This includes understanding their history, mission, and values, which are often found on their official website or corporate brochures. It's important to grasp what the company stands for and how it positions itself in the market. This foundational knowledge will not only help you align your pitch with their corporate ethos but also enable you to ask informed questions during the interview, showing genuine interest and a proactive mindset.

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Shahbaz Sultan FCIPS, CMILT

Supply Chain & Procurement Evangelist | xNestle | xJazz
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A company profile serves as a valuable resource. It provides a comprehensive overview of the company’s history, mission, values, and key personnel. This information can help you tailor questions & discussion points to align with the company’s objectives & inquire more into their operations. Additionally, a well-documented profile may highlight the company’s past projects, achievements, & areas of expertise, offering a glimpse into its track record and performance standards. Understanding these aspects can guide you in evaluating the sustainability of the products/services they offer. The profile also reveals the company’s strategic partnerships & customer base, which can be indicative of its reputation & the level of trust in the industry.

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?Youcef GUERROUD

?? 1??5?? K FOLLOWERS || LOGISTICAL IN AUTOMOTIVE & FMCG INDUSTRY || ACHAT | PROCUREMENT | PURCHASING | INCOTERMS | NéGOCIATION INTERNATIONALES | LOGISTIQUE | SUPPLY CHAIN | CUSTOMER SERVICE
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D'après mon expérience , il est nécessaire de vérifier l'historique de l'entreprise que vous êtes en train de chercher , son histoire , ses débuts , ses produits et ses services, à prendre en considération ses améliorations a travers le temps et ses clients phares voir ses références , il est aussi primordial de comprendre comment elle se positionne sur la marché , sa place parmi ses concurrents , une telle investigation va beaucoup contribuer dans l'engagement de votre sourcing et va insinuer un indice de partenariat fructueux .

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VISHNU RAVI ?

MBA in Supply Chain Management | Aviation & Business Enthusiast | Experienced Senior Procurement Specialist | LinkedIn Personal Branding Consultant
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Before a supplier sourcing interview, research the company thoroughly. Start with their website to understand their mission, products, and values. Look at industry trends and competitors. Check recent news for updates on their activities and financial health. Use social media and employee review sites to learn about their culture. Review their sustainability reports for sourcing practices. Study their financial reports and stock performance if they're publicly traded. Know the key executives and their priorities. This preparation helps tailor your responses and shows you're well-informed.

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2 Market Analysis

Next, conduct a market analysis to understand the company's industry, competitors, and overall market trends. Use business journals, industry reports, and news articles to gather this information. Knowing the market landscape helps you anticipate the company's sourcing needs and challenges. It also shows that you're not just interested in the company, but also in the ecosystem in which it operates, which is crucial for a supplier sourcing role.

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?Youcef GUERROUD

?? 1??5?? K FOLLOWERS || LOGISTICAL IN AUTOMOTIVE & FMCG INDUSTRY || ACHAT | PROCUREMENT | PURCHASING | INCOTERMS | NéGOCIATION INTERNATIONALES | LOGISTIQUE | SUPPLY CHAIN | CUSTOMER SERVICE
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L'analyse du marché est souvent cruciale pour l'avenir de votre entreprise , il est nécessaire de conna?tre l'écosystème du marché dans lequel l'entreprise opère , ses concurrents et l'atmosphère dans lequel elle appartient , cette analyse vous analyse a bien cerner vos besoins , et vos futurs défis en matière de chaine d'approvisionnement, l'analyse est nécessaire , mais il faut définir ses objectifs et sa future vision .

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3 Financial Health

Analyzing the company's financial health is crucial. Review their annual reports, financial statements, and any available investor relations materials to assess their profitability, revenue streams, and financial stability. Understanding these aspects will give you a sense of the company's spending capacity and potential investment in supplier relationships. It will also prepare you for discussions about pricing and contracts during the interview.

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?Youcef GUERROUD

?? 1??5?? K FOLLOWERS || LOGISTICAL IN AUTOMOTIVE & FMCG INDUSTRY || ACHAT | PROCUREMENT | PURCHASING | INCOTERMS | NéGOCIATION INTERNATIONALES | LOGISTIQUE | SUPPLY CHAIN | CUSTOMER SERVICE
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Examiner la santé financière de l'entreprise est quelque que vous ne pouvez pas en passer , il faut étudier les états financiers , les documents , la solvabilité et les différents documents comptables et financiers , cette études et ces différents dimensions comptables et financiers vous permettront de voir : le capital de l'entreprise , sa capacité d'engagements dans différents projets , sa solvabilité, son effet de levier , son chiffre d'affaires et d'autres critères qui vous seront utiles de prendre différentes décisions importantes .

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4 Reputation Check

It's also vital to assess the company's reputation. Look for customer reviews, news articles, and industry forums that discuss the company. Pay attention to any recurring themes, whether positive or negative. A company's reputation can impact your decision to engage with them and may also affect how you manage the relationship if you become their supplier. Knowing their standing in the public eye can also help you address any potential concerns during the interview.

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5 Operational Insights

Gaining insights into the company's operations is key. Research their supply chain, procurement processes, and any known suppliers. Understand how they manage their inventory, logistics, and quality control. This information will help you position your offering in a way that complements their operations and addresses any gaps or inefficiencies they might have. Demonstrating operational knowledge can significantly strengthen your proposition.

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6 Cultural Fit

Lastly, consider the cultural fit between you and the potential company. Research their workplace culture, employee reviews, and any corporate social responsibility initiatives they engage in. Understanding the company culture will help you determine if your values align with theirs and how you can contribute to their team dynamics. Cultural fit is often a deciding factor in supplier relationships, so it's an important aspect to cover in your research.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Syed Faizan Jafar Abidi
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TPRM helps you a-lot before having the suppliers interviewed, you can have relevant certifications from suppliers along with evidences of their financial capabilities. EcoVadis assessments can also be useful incase if there are any red flags for the business accordingly.

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Here's how you can effectively research a company before a supplier sourcing interview.

1

2

3

4

5

6

7

1 Company Profile

2 Market Analysis

3 Financial Health

4 Reputation Check

5 Operational Insights

6 Cultural Fit

7 Here’s what else to consider

Supplier Sourcing

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Here's how you can effectively research a company before a supplier sourcing interview.

1

2

3

4

5

6

7

1 Company Profile

2 Market Analysis

3 Financial Health

4 Reputation Check

5 Operational Insights

6 Cultural Fit

7 Here’s what else to consider

Supplier Sourcing

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感谢您的反馈

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