Vendor evaluation and selection

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Reference no: EM133642184

Vendor Evaluation and Selection: Roshni uses a rigorous selection procedure based on predetermined decision criteria, with assistance from the project team. Vendor performance is regularly assessed in relation to predetermined benchmarks. Contract Negotiation and Compliance: Under Roshni's direction, the Purchasing and Contracts Department negotiates contracts in a fair and transparent manner to make sure they are in line with the project's financial limits. Strict compliance audits ensure that legal and quality requirements are followed. Roshni and the project team both supervise strict quality assurance procedures. The project's quality standards are regularly met by suppliers through routine audits, inspections, and performance evaluations. Channels of Communication: The project team, Roshni, and vendors are able to communicate effectively and transparently thanks to the establishment of a strong communication structure. Feedback loops, frequent updates, and proactive problem solving.

Reference no: EM133642184

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