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Vendor Management Process at NNPC Limited
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Vendor Management Process at NNPC Limited

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Questions and Answers

What is the objective of the Vendor Management process at NNPC Limited?

  • Minimizing the number of vendors used for contracting activities
  • Developing a large pool of vendors without clear definition of services and capabilities
  • Ensuring value-driven vendor performance and maintaining a mutually beneficial vendor relationship (correct)
  • Maximizing profit from vendor relationships
  • How are vendors, suppliers, and contractors expected to conduct business with NNPC Limited?

  • By providing discounts on goods and services
  • By registering through the authorized online portal and maintaining technical and financial competence (correct)
  • By submitting physical registration forms to NNPC Limited's office
  • By directly contacting NNPC Limited's management
  • What does NNPC Limited undertake to inform the development and maintenance of its vendor database?

  • Random selection of vendors
  • Competitor analysis
  • Market research (correct)
  • Internal surveys
  • How does NNPC Limited categorize contractors, vendors, and suppliers?

    <p>Based on area of specialization and other categories as it deems fit (portfolio matrix)</p> Signup and view all the answers

    From where does NNPC Limited procure goods and/or services?

    <p>Only from suppliers approved in the Supplier Database</p> Signup and view all the answers

    What is the primary requirement for Nigerian registered companies wishing to conduct business with NNPC Limited?

    <p>Registering with NNPC Limited through the authorized online portal</p> Signup and view all the answers

    What are the key areas against which suppliers are required to summarize their capabilities in the Quality Assurance questionnaire?

    <p>Quality Management System, Quality personnel and qualifications, Product quality validation requirements</p> Signup and view all the answers

    What must be considered to ensure the reliability and credibility of the supplier verification process?

    <p>Existence of clearly defined assessment criteria, Transparent and objective assessment process, Line acceptance of the process of vendor registration</p> Signup and view all the answers

    What is a critical success factor for the supplier verification and qualification process?

    <p>Transparent and objective assessment process</p> Signup and view all the answers

    What are suppliers evaluated based on in the Vendor Performance Management?

    <p>$a. Price$, $b. Quality$, $c. Delivery$, $d. Service$</p> Signup and view all the answers

    What happens to suppliers exhibiting non-performance or misrepresentation?

    <p>$NNPC Limited shall list as defaulters on the system$</p> Signup and view all the answers

    What is a requirement for verifying office location during supplier verification?

    <p>$Receipt for payment of rent$</p> Signup and view all the answers

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