Pre-Appointment Due Diligence of Business Associates
Assessment, Rating & Grading of Associates
Adherence to Company Processes, Standards and Commercial Terms
Improve Performance of Old Partners and to Identify New Partners for Future Business
Stock Evaluation and Audit
Working Capital Management and Financial Audit
Ascertaining Credit Limits and Identifying Opportunities for Scalability
Benefits
- Help minimize subjectivity in judgment and make it possible to consider all relevant criteria in assessing suppliers
- Provide feedback from key areas in one package
- Develop a performance based culture
- Establishing continuous review standards for vendors, thus ensuring continuous improvement of associate performance
- Providing overall control of associate base