Vendor selection timeline refers to the process of selecting a vendor or supplier for a particular product or service. It involves various steps, such as identifying the vendor requirements, sourcing potential vendors, evaluating vendor proposals, negotiating contracts, and finalizing the selection. The vendor selection timeline is an essential aspect of procurement management and involves careful planning, communication, and coordination between different stakeholders. The timeline may vary depending on the complexity of the procurement process and the nature of the product or service being procured. Our template or presentation will be a perfect match if you want to explain what Vendor selection is.
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