In plain English
It is an early check of a possible supplier. The aim is to judge whether that supplier is suitable and what related risk it may bring before any choice or contract is made.
In context
Here, it names the stage where a possible supplier is reviewed for suitability and related risk before the business decides to use it or contract with it.
- Situation
- Running procurement, vendor review, purchase approval, and contract workflow
- What it communicates
- names the stage where a supplier is being checked before use
Meaning limits
The term by itself does not show that the supplier has been approved, rejected, or contracted.
Examples
“Before anyone chose a supplier, the manager began vendor screening to compare the suitability and related risk of three candidates.”
“The new supplier was still in vendor screening, so the company had not decided whether to use it.”