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  3. Supplier Asset Governance

Supplier Asset Governance

Root Term: Supplier Asset

Abbreviations or Acronyms: None

Definition:

1. (noun) The acts of controlling, directing, and standardizing the conduct, actions, and solutions associated with the oversight of Supplier Asset Management.

2. (noun) The documented set of policies, standards, rules, and controls that define how one or more Supplier Asset Items are to be registered, tracked, and managed within an Organization.

3. (noun) An Organization, or organizational unit, whose primary responsibility is to establish, oversee, and enforce the policies, standards, and controls governing the management of a set of Supplier Asset Items.

Synonyms: None

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