Supplier Onboarding Process is a systematic approach to identifying, evaluating and adding new suppliers to an organization’s supply chain. It begins by assessing the potential supplier‘s capabilities and resources, before analyzing their organizational structure, compliance practices and other key factors. Once onboarded, suppliers are reviewed regularly to ensure that they continue to meet the company’s standards for quality, reliability and cost-effectiveness. By streamlining the onboarding process, organizations can reduce supply chain risk and realize greater overall efficiency.