It is extremely difficult to track an Approved Vendor List (AVL) manually, which is why many companies are turning to high quality supplier management software these days. These systems allow companies to collect all their necessary data in a single, centralized location. That means most of the manual tracking problems can be a thing of the past.
If your company does business in a regulated industry, tracking your AVL is mandatory. As your product changes or as new companies are added to the list, you have to do everything you can to maintain a current and usable list. When you employ supplier management software you can make sure that the list will remain an effective company tool rather than a serious burden.
