For suppliers who will work on site, onboarding overlaps with contractor management, because the same evidence of insurance and competence is needed before anyone is allowed through the door.
Keep a review date against each supplier record. Insurance certificates and accreditations expire, and an expired certificate on file is no better than none at all.
Common questions
What does Supplier Onboarding mean in simple terms?+
Supplier onboarding is the process of setting up a new vendor: collecting bank and tax details, insurance certificates, contract terms and any compliance evidence before the first order is placed.
How does Supplier Onboarding work in practice?+
For suppliers who will work on site, onboarding overlaps with contractor management, because the same evidence of insurance and competence is needed before anyone is allowed through the door.
What are the best practices for Supplier Onboarding?+
Keep a review date against each supplier record. Insurance certificates and accreditations expire, and an expired certificate on file is no better than none at all.