The purpose of Supplier Agreement Management (SAM) is to manage the acquisition of products from suppliers for which there exists a formal agreement.
The Supplier Agreement Management process area involves the following:
Determining the type of acquisition that will be used for the products to be acquired
Establishing and maintaining agreements with suppliers
Executing the supplier agreement
Accepting delivery of acquired products
Transitioning acquired products to the project
This process area primarily applies to the acquisition of products and product components that are delivered to the project's customer. To ...