Vendor Management
Vendor Onboarding Checklist
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Vendor Onboarding Checklist

1
Identify potential vendor
2
Send initial inquiry to vendor for basic information
3
Evaluate vendor's response to inquiry
4
Approval: Vendor Evaluation
5
Request complete vendor onboarding documentation
6
Review and verify vendor's legal business status
7
Check vendor's financial stability
8
Approval: Financial Check
9
Request and verify vendor's references
10
Evaluate vendor's production capabilities and delivery capacity
11
Evaluate vendor's quality of products/services
12
Approve vendor's environmental and ethical standards
13
Confirm vendor's acceptance of payment terms and methods
14
Approval: Payment Terms Acceptance
15
Train vendor on your company's policies and requirements
16
Sign the vendor contract
17
Set up vendor in your company's system
18
Check vendor's initial delivery or service performance
19
Gain final approval from department head
20
Approval: Department Head