How would you handle a situation where a supplier was not meeting your company’s standards for quality or price?

If a supplier was not meeting our company’s standards for quality or price, I would first assess the situation to determine what is causing the issue. Is it an issue with the supplier’s product, their pricing structure, or something else? Once I have identified the root cause of the issue, I can then work on finding a solution.

I would start by communicating with the supplier and discussing the issues that are preventing them from meeting our standards. This could involve negotiating better terms or working together to find a compromise that meets both of our needs. If this does not resolve the issue, I would look into other suppliers who may be able to provide us with the quality and price we need.