Supplier Qualification
The process of evaluating and approving suppliers based on compliance, quality, and risk factors.
Automate Product Compliance & Risk Management
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Related Terms in Supply Chain
Bill of Materials (BOM)
A comprehensive list of raw materials, components, and assemblies required to manufacture a product.
Due Diligence
The investigation or audit of a potential investment or product to confirm facts and identify risks.
Supply Chain Mapping
Process of documenting and visualizing the network of organizations, people, activities, and resources involved in product creation.
Traceability
Ability to track a product's path through the supply chain from raw materials to end consumer.