Supplier onboarding is the governed process of collecting, validating, reviewing, approving, and activating the information and evidence required for a supplier relationship. It can include identity, tax, banking, capability, risk, compliance, security, privacy, quality, insurance, category, and ERP data, depending on scope. Activation should follow defined approvals and system handoffs.
In plain English
It turns a prospective supplier into an approved, usable supplier record through defined checks.
Illustrative example
At Northstar Industrial Systems, a new logistics provider submits business, banking, insurance, safety, and capability evidence that routes to the appropriate reviewers before activation.
- Related terms
- Supplier qualification; Due diligence; Supplier master data; Supplier approval
- Lifecycle stages
- Source; Approve; Integrate
- Stakeholders
- Supplier; Procurement; Finance; Compliance and Legal; IT and Security