Challenges People Face During Pre-selection of the Vendors
Prequalification is used in outsourcing and procurement to pre-screen vendors according to standards. The goal is to make sure the vendors on the filtered list have the capacity and ability to fulfill the buyer's project requirements. That is why you must do the prequalification before doing for the overseas Sabic vendor registration . Do you know that people face many issues during the pre-selection of vendors? What are they? Here, you will get to know them all, and we are willing to discuss them in detail. Challenges People Encounter during Pre-selection of the vendors Lack of standard criteria Developing unambiguous and thorough standards for pre-qualifying vendors can be a daunting task. With standardized criteria, comparing and reassessing different vendors impartially becomes arduous. Lack of information During the prequalification process, vendors often need to provide adequate information or documentation, which makes it challenging for businesses to assess their capabiliti