3rd party manufacturer due diligence checklist
July 15, 2023
by a searcher from University of Maryland at College Park in New York, NY, USA
Does anyone have a good checklist or resource for due diligence items to request from a seller specific to 3rd party supplier/manufacturer agreements; including terms, business documentation, SOPs, etc.
The business is a DTC ecommerce company with an AOV of ~$1,500 and ~10 SKUs.
Basically, anything I should ask for to help me understand the process for ordering inventory (e.g. lead times), business practices (e.g. forecasting), R&D process (e.g. how products are p[anned, developed, iterated, and managed with the supplier), logistics & shipping, regulatory compliance, supplier relationship management,, etc.
Thanks for any guidance.
from Bentley College in Miami, FL, USA