Vendor/Supplier Due Diligence

The process of selecting a vendor, including conducting a comprehensive due diligence process, can be quite complex and time-consuming.  For significant projects and functional activities vendor selection may take anywhere from three to nine months and the costs associated with the process may be significant and should be included in the company’s analysis of the target return-on-investment for the project or activity.  Vendor/supplier due diligence is something that companies need to learn to do right.  For more about setting up procedures for vendor/supplier due diligence, read the attached report. 

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