Onboarding (Suppliers)
The onboarding process for suppliers is the procedure by which new suppliers are integrated into an organization. The goal of supplier onboarding is to ensure that the supplier can provide the goods or services required by the organization in a timely and efficient manner.
The supplier onboarding process typically includes the following steps:
1. Supplier identification and selection: The organization identifies potential suppliers that can meet its needs.
2. Supplier qualification: The organization assesses the supplier’s ability to meet its quality, delivery, and other requirements.
3. Contract negotiation: The organization and supplier negotiate a contract that sets forth the terms and conditions of their relationship.
4. Supplier integration: The supplier is integrated into the organization’s systems and processes.
5. Ongoing performance management: The organization monitors the supplier’s performance and takes action as needed to ensure that its needs are met