Who are considered 'Secondary Vendors' in the context of vendor selection?

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In the context of vendor selection, 'Secondary Vendors' refers to those who serve as backup options in case there are issues with the primary vendors. This means that secondary vendors are not the main choice for supply or services but are identified and assessed for their potential role in case the preferred vendors encounter problems, such as delayed deliveries, quality issues, or unavailability. Having secondary vendors in place ensures that there is a contingency plan allowing an organization to maintain continuity and mitigate risks associated with vendor dependency.

The other types of vendors listed do not fit the definition of secondary vendors as closely. Top-tier preferred vendors are the primary choices for business, while new vendors under consideration are simply potential options being evaluated, not established alternatives. Vendors with whom partnerships are established typically indicate a strong, ongoing relationship that is more than just a contingency option.

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