Vendor Management
VM-01Keep one central vendor inventory
How Leela would run itContinuous · updated at every lifecycle step; checked at the annual review
From the policy libraryThe requirement
Every service provider is listed in one inventory with its function, tier and rationale, owner, contract dates, key provisions, subcontractors, latest diligence and review dates, open issues, status, and any sponsor bank approvals.
- Applies
- Tell Leela about your company to see whether this applies.
- Status
- Setup needed
Tell Leela how you handle it today, or hand it over: see what’s next.
The work
Enter each vendor at onboarding, update the record at every diligence, review, issue, and renewal, and reconcile the inventory against spend annually.
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Vendor inventoryRegister with one row per vendor and the fields the policy lists
Evidence
Vendor inventory
Vendor Management §9
1
of 1 record
The work and the records come from this obligation in the policy library.