Supplier Market Analysis Sample Clauses

Supplier Market Analysis. Snap-on Suppliers must regularly complete a market evaluation of their products, services, manufacturing process, and supply chain to remain cost competitive. Snap-on suppliers are encouraged to provide recommendations for new innovations or lean manufacturing that enhance the competitiveness of their products or services. In addition to maintaining good quality and delivery; suppliers that are able to maintain or lower the cost of their goods and services may receive priority consideration for new opportunities. When requesting a price increase for goods and services, Snap-on suppliers must provide a detailed justification of the price increase to their procurement representative for review.
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