Business Pitch Dictionary by pitch.dog
Procurement evaluation & award · Core

Supplier due diligence

Also called: vendor diligence

ELI5

Assessment of a supplier's ownership, capability, integrity, finance and risk.

Used in conversation

“The RFP must state how supplier due diligence will be evaluated.”

Pitch context

You will see “Supplier due diligence” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches procurement evaluation & award.

Why it matters: In procurement evaluation & award, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.