Levels of quality of materials and services are specified. Payment terms are documented. Contingency plans are provided. Regular contact is made with suppliers. The company provides for good inventory control.
Company has an inventory control formula to provide for optimum inventory levels.
Company has a policy on securing inventory in a timely fashion. The company conducts incoming inventory inspections. Company has a written policy on incoming inspection. Incoming inspection is being performed. Incoming inspection levels of quality are documented.