Supplier risk definition

Supplier risk means the probability that an award may subject the procurement to the risk of unsuccessful performance or to supply chain risk (see 239.7301).
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Supplier risk means the potential that a supplier will fail to deliver a commitment resulting in
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Supplier risk means the potential that a supplier will fail to deliver a commitment resulting in Crescent Point suffering a loss.
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Examples of Supplier risk in a sentence

  • Supplier risk assessment and monitoring for the automotive industry.

  • If, however, the highest monthly average Transco Zone 6 (Non-New York) price during the preceding 3 winter or the preceding 3 summer periods, as applicable, is an anomaly, the Company may seek a waiver from the Commission to utilize a different price risk component in the calculation of the Supplier risk exposure.

  • However, the committee asked the PP to expedite the completion of the project by 31st March 2020.

  • Supplier risk is monitored by assessment with a potential for corrective actions being applied to identified risks.

  • Supplier risk As set out in this Prospectus, part of Haodex's business model will depend on third-party suppliers with respect to its product range and provision of other services such as payment processing, telecommunications, and advertising.

  • Dometic may audit a Supplier’s product or process capabilities when (but not limited to): • Based on Supplier risk classification as defined by Dometic • There is expansion of Supplier scope, including risk level of product.

  • Supplier risk assessments and performance-based data are utilized as the foundation for Supplier audits.

  • Any such packaging material or containers shall only be returned to the Supplier risk and expense.

  • Withdrawal of notices (1) A notice served on a person under section 98 or 99 may be withdrawn at any time before the end of the period specified in the notice for complying with the request by sending a notice to that effect, in the prescribed form and signed by a prescribed officer, to the person at the person’s last known place of business.

  • The Purchaser may not refuse acceptance of delivery due to the presence of a minor defect.If shipping or acceptance is delayed or omitted as a result of circumstances that cannot be imputed to the Supplier, risk shall transfer to the Purchaser from the date of notification of readiness for shipping or acceptance.


More Definitions of Supplier risk

Supplier risk means the probability that an award made to a supplier may subject the procurement to the risk of unsuccessful performance or to supply chain risk (see Defense Federal Acquisition Regulation Supplement 239.7301).
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Related to Supplier risk

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Legal Services Contract;

  • Supplier Operations means all assets, processes and systems (including information systems), data (including Customer data), personnel, and sites, used or processed by Supplier from time to time in the performance of this Agreement.

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Contractor Equipment means all appliances and things of whatsoever nature (other than temporary works) required for execution and completion of works and remedying of any defects, therein. But does not include plant, materials or other things intended to form or forming part of the permanent works.

  • Supplier Software means software which is proprietary to the Supplier and software which is or will be used by the Supplier for the purposes of providing the Placement Services;

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Contractor Software means software which is proprietary to the Contractor, including software which is or will be used by the Contractor for the purposes of providing the Services.

  • Contractor / Vendor means the Tenderer whose bid has been accepted and awarded Letter of Acceptance for a specific item followed by the signing of Contract.

  • Compression Ignition Engine means an internal combustion engine with operating characteristics significantly similar to the theoretical diesel combustion cycle. The regulation of power by controlling fuel supply in lieu of a throttle is indicative of a compression ignition engine.

  • Approved Vendor means a person who has been approved for inclusion on an approved vendor list through the approved vendor list process.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Mobile food vendor means every corporation, association, joint stock association, person, firm or partnership, their lessees, directors, receivers, trustees, appointees by any court whatsoever, or the heirs, executors, administrators, or personal representatives or assignees of any deceased owner, owning, controlling, operating or managing any mobile food vending unit.

  • Supplier Personnel means Supplier’s employees, consultants, agents, independent contractors and Subcontractors.

  • Vendor or “Vendors” means any entity submitting a bid in response to the Solicitation, the entity that has been selected as the lowest responsible bidder, or the entity that has been awarded the Contract as context requires.

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Spares means a part or a sub-assembly or assembly for substitution which is ready to replace an identical or similar part or sub-assembly or assembly including a component or an accessory;