Sole source or single source that is the question

The real answer is much more complex as there are various factors that influence which vendor you decide to use.

I have always had the philosophy that I should always have more that one supplier. Yes it is extra work but not as much work if your one and only primary supplier ends up going out of business.

Deepak Thiru CPSS™ created this nice document so you can learn for yourself the pros and cons. Nishant R deserves credit for originally reposting.

Something you might not know is that you can use QCsolver Inc. to find suppliers either by category or by location. This module is call Subfinder and as we grow our client and supplier base it will become your newest sourcing destination.