In plain English
This status means the supplier has not yet received an approval decision. That decision is being held until a review of the risks associated with the supplier is finished.
In context
On a supplier record, it indicates that the supplier's approval decision is waiting for completion of a review that assesses the risks associated with that supplier.
- Situation
- Running procurement, vendor review, purchase approval, and contract workflow
- What it communicates
- labels a supplier record waiting for risk assessment
Meaning limits
By itself, the term does not say whether the supplier will ultimately be approved or rejected.
Examples
“Despite complete paperwork, the supplier remained pending risk review and had not yet been approved or rejected.”
“When a supplier record shows pending risk review, the approval decision is still waiting on the review.”