Questions 1: Supplier and Vendor Assessment and Evaluation supports an organized approach to vet and rank potential suppliers. Vendor assessment supports businesses through evaluation and approval process that businesses can use to determine if prospective vendors and suppliers can meet their organizational standards and obligations once under contract. The end goal is to secure a low-risk, best-in-class vendor and supplier portfolio. Apply the proper analysis to describe which vendors should become your long-term business partners? Using a framework and the right tools to make the selection process easier. Provide relevant examples to support your answer.

Questions 1: Supplier and Vendor Assessment and Evaluation supports an organized approach to vet and rank potential suppliers. Vendor assessment supports businesses through evaluation and approval process that businesses can use to determine if prospective vendors and suppliers can meet their organizational standards and obligations once under contract. The end goal is to secure a low-risk, best-in-class vendor and supplier portfolio. Apply the proper analysis to describe which vendors should become your long-term business partners? Using a framework and the right tools to make the selection process easier. Provide relevant examples to support your