I'm trying to understand who or what an AVL supplier is. Could someone please explain this term and its significance, especially in the context of the automotive or related industries?
6 answers
Federico
Fri Nov 01 2024
It is also known by other names such as Preferred Vendor List or Approved Manufacturer List (AML).
Giulia
Fri Nov 01 2024
The purpose of AVL is to ensure that only suppliers or vendors who meet the organization's standards are considered for procurement.
JejuSunshineSoulMate
Fri Nov 01 2024
These suppliers or vendors have undergone a thorough evaluation process by the organization's procurement department or stakeholders.
ShintoSanctum
Fri Nov 01 2024
The evaluation criteria may include factors such as quality, reliability, cost-effectiveness, and compliance with regulations.
GyeongjuGloryDays
Fri Nov 01 2024
An Approved Vendor List (AVL) serves as a crucial document in the procurement process.