Posted in Operations and Supply Chain Terms, Total Reads: 5407
Definition: AVL (Approved Vendor List)
As a part of the supply chain, each business is connected to various other businesses to procure its raw materials etc. These businesses are typically referred to as suppliers/vendors. Each organization maintains a detailed list of its suppliers, the item they supply and the recent shipment history. Such a list of the approved suppliers is also referred to as the Approved Supplier List (ASL) or the Approved Vendor List (AVL).
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