Supply Chain Visibility with Data Analytics Tools Workflow

Supplier Onboarding

Type: Fill Checklist

Supplier Onboarding is the first crucial step in establishing a working relationship with new suppliers. It involves a series of activities aimed at assessing the supplier's capabilities, verifying their credentials, and integrating them into the organization's procurement process. The workflow for Supplier Onboarding typically begins with a request from an internal department or team to source specific products or services. The Procurement Team is then notified to initiate the onboarding process. This includes sending out formal invitations to potential suppliers, reviewing and evaluating their proposals, and conducting due diligence checks. Upon successful completion of these steps, the new supplier is formally onboarded, and a contractual agreement is established outlining the terms and conditions of their partnership with the organization.