SCLCI Early Editions: "The Importance of an Approved Vendor List"
Best Practices. Breaking down the important elements that increase organizational alignment and give your company the 'supply chain advantage'.
A Valuable Practice.
For busy business leaders who are constantly working on projects, managing departments, and executing on organizational priorities, countless decisions are made every day.
One aspect that often gets overlooked as creating strategic advantages and providing significant benefits to businesses, is the process of selecting and onboarding vendors. It is important to understand how an Approved Vendor List (AVL) can make a difference when streamlining business operations, producing quality results, and creating the conditions needed for reliable stability.
AVL’s Support Resilient Business Operations;
- It is a fundamental practice for organizations that prioritize quality, reliability, compliance, and operational efficiency, especially when doing so at scale.