I'm trying to understand the concept of AVL in the context of supply chain. Could someone explain what AVL stands for and its significance in this domain?
5 answers
GeishaMelody
Sat Nov 02 2024
The AVL is also commonly referred to as the Approved Manufacturer List (AML), emphasizing its importance in vendor management.
StormGlider
Sat Nov 02 2024
Inclusion in this list signifies that the suppliers meet all the corporate requirements and specifications set by the company.
HanbokGlamourQueenEleganceBloom
Sat Nov 02 2024
These requirements often pertain to the quality, safety, and reliability of the products being supplied.
Lorenzo
Sat Nov 02 2024
An Approved Vendor List (AVL) holds a significant position in the procurement process of a company.
Chiara
Sat Nov 02 2024
It serves as an official document that lists all the third-party suppliers approved by the organization.