Vendor Management
A vendor is a person or company that provides goods or services to another company. Vendors are also called suppliers. Vendor Management has many purpose, but the primary purpose is to include vendors, suppliers and contractors in risk management program. Very often, vendors or suppliers are related to reported aviation accidents and incidents. Their employees may have been at fault, or the fuel or equipment may have played a role in the aviation incident or accident. Using Vendor Management, safety managers will be able to easily associate vendors with reported incidents and accidents. But there are many other purposes of the Vendor Management, such as showing all managers the latest risk assessment or rating for each vendor or comparing vendors according to their category and risk rating. Vendor Management has these ...