Vendor Performance Management definition

Vendor Performance Management means the Region’s program which involves the evaluation of Vendor performance by employees of the Region, the maintenance of the records relating to such evaluation, and the use of such records to determine a Vendor’s eligibility to participate in future procurements and to evaluate a Vendor’s eligibility for Award.
Vendor Performance Management. (VPM) means the responsiveness and responsibility for monitoring and analyzing the reliability, quality and performance of the District’s vendors. It allows the
Vendor Performance Management. (VPM) means the responsiveness and responsibility for monitoring and analyzing the reliability, quality and performance of the District’s vendors. It allows the District to help ensure contract compliance and in severe cases to debar a vendor from doing further work with the District.

Examples of Vendor Performance Management in a sentence

  • The Vendor Performance Management Program establishes a standard methodology for the incorporation of a vendor’s past performance as a criterion in assessing that vendor’s bids or tenders for future work with Metrolinx.

  • Vendor Performance Management: Bonfire Vendor Performance Management allows the organization to track the performance of vendors they are under contract with.

  • Additional BND modules include Bid Evaluation, Vendor Certification & Pre-Qualification, RFx Creation, Contract Management, and Vendor Performance Management.

  • The County and Vendor Performance Management function takes overall responsibility for ensuring Vendor performance meets business requirements and recommends continuation, improvement or problem resolution to ensure that business requirements are met.

  • Director Vendor Performance Management ▇▇▇▇▇.▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Invoices are accepted as well in electronic form.

  • Vendor Performance Management (VPM) Program means the Metrolinx policy for monitoring, evaluating and recording vendor performance, as same may be amended or replaced from time to time.