![]() The portal should have a form for the vendor to fill out contact information and other details that will help your team quickly vet the proposal. ![]() If you don’t have one already, set up a vendor portal for prospective suppliers to register and apply to work with you. Create a vendor portal for registration and data collection Clear policies and expectations will increase efficiency and reduce confusion and potential friction. In a similar vein, you’ll next have to outline your business requirements and expectations for the working relationship.Ĭreating clear-cut policies and vendor requirements will not only help your business managers and other stakeholders quickly vet and approve appropriate suppliers, but they will ensure both you and the supplier understand what is expected. In other words, determine the guiding parameters for who you will and will not work with, and figure out the steps your team and the prospective vendors must take to move through the approval process. When building your onboarding program, you’ll first need to establish supplier evaluation and approval policies. ![]() Create an evaluation and approval process How to create a supplier onboarding processĪ robust supplier onboarding process will actually consist of several separate processes to move the supplier relationship through each stage of the onboarding program.īelow are the main steps you’ll need to take to develop an onboarding process from supplier consideration to approved partner. Put simply, supplier onboarding is about creating streamlined processes to build stronger buyer-vendor relationships that result in improved business outcomes for both parties. Supplier onboarding is the process of collecting prospective vendor information, assessing vendor compliance and risks, and integrating them to your platform and supply chain. ![]()
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