Step 4 Current and Possible Suppliers List

Companies have processes for the approval of new vendors but that should be ignored at this point in the analysis. A good example of this is the production part approval process (PPAP) for the automobile industry. Other companies have different processes for getting materials on the approved lists. If a supplier is selected that is not on the list, the supplier will be required to go through the approval process and get the material on the approved list. 

The output from this step will be a list of suppliers who can provide the group of products that are being investigated. 

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