Operations

Vendor Procurement

How to evaluate, approve, and onboard a new vendor or supplier.

1. 1Collect quotes from at least two vendors for purchases over $1,000.
2. 2Submit the vendor request form for manager approval.
3. 3Run new vendors through the standard security and compliance review.
4. 4Sign the contract and route it to finance for the vendor record.
5. 5Set a renewal reminder based on the contract term.