Search for notes by fellow students, in your own course and all over the country.
Browse our notes for titles which look like what you need, you can preview any of the notes via a sample of the contents. After you're happy these are the notes you're after simply pop them into your shopping cart.
Title: Vendor Assessment
Description: Vendor assessment is an evaluation and approval process that businesses can use to determine if prospective vendors and suppliers can meet their organizational standards and obligations once under contract. The end goal is to secure a low-risk, best-in-class vendor and supplier portfolio
Description: Vendor assessment is an evaluation and approval process that businesses can use to determine if prospective vendors and suppliers can meet their organizational standards and obligations once under contract. The end goal is to secure a low-risk, best-in-class vendor and supplier portfolio
Document Preview
Extracts from the notes are below, to see the PDF you'll receive please use the links above
VENDOR ASSESSMENT
Vendor assessment assesses the ability of a vendor to meet commitments regarding the
delivery and the consistent provision of a product or service
...
Today, a business outsources the
expertise for its critical operations to third party e
...
, supply chain, consultant, relationship
management, customer management, account management, and store management
...
Vendor assessment can be
of two types: formal and informal
...
It may also be very informal through words of mouth and recommendations
...
ELEMENTS
1
...
2
...
3
...
4
...
The organization calculates the risk involved in terms of; when
there are licensing terms, intellectual property rights, and technology infrastructure
...
Vendor Experience, Reputation, and Stability β experience with other customers may
provide valuable information on how likely it is that they will be able to meet their
contractual and or non-contractual obligations
VENDOR PROFILE
Vendor assessment is a critical process where one needs to keep track on vendor profile
...
Price β when keeping the budget in mind itβs helpful in listing down the vendor pool
...
The vendor may come up with hidden strategies to make up for the
losses they had earlier accrued
...
b
...
Organizations should consider expertise and service level
...
It is wise to keep surveying the market for the
expertise versus service levels, to check on the value versus money
...
Service Levels β The organization will likely find the vendor they are looking for
...
The key to
proper vendor assessment is careful analysis of the concept of time and money
...
Title: Vendor Assessment
Description: Vendor assessment is an evaluation and approval process that businesses can use to determine if prospective vendors and suppliers can meet their organizational standards and obligations once under contract. The end goal is to secure a low-risk, best-in-class vendor and supplier portfolio
Description: Vendor assessment is an evaluation and approval process that businesses can use to determine if prospective vendors and suppliers can meet their organizational standards and obligations once under contract. The end goal is to secure a low-risk, best-in-class vendor and supplier portfolio