person with a note pad working on the assessment

Assessment Framework for Vendors

 

At Venwiz, we realise the importance of matching the most suitable vendor for your business requirements. This is why our team undertakes a thorough technical assessment of all vendors as part of our decision-making process. 

 


We are giving you a sneak peek into the proprietary framework we have created at Venwiz, for vendor assessment. This gives clients a comprehensive view of a vendor’s capabilities to meet specific industrial requirements and their capacity as service providers. 


The assessment commences at the sign-up stage, and continues through the vendor’s lifetime on the platform, with regular follow-ups for addition/removal of information.


This has two main benefits in :

  • Establishes a sense of confidence in our clients, since they have visibility on the thorough process being followed on Venwiz
  • It also enables vendors with due diligence by following our processes, making them “ready-to-onboard” on being matched to a  client. 

 


A quick review of the 5-step process Venwiz follows for vendor assessment:

To evaluate your supplier framework, you can explore our platform.

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