Every organization will have its own list of entities excluded from its definition of vendor or excluded from the vendor management process. Some on the list will be unique to the organization's business. We exclude:
- Employees or directors acting in that capacity
- Entities receiving payment because of a Company issued insurance policy
- Charities
- Entities from which travel, meals and entertainment are purchased
- Due paid to an association
- Providers of magazines or periodicals
- Governments or entities engage by the government
The US Postal Service and public utilities are exempt from the oversight and monitoring process as well.
You may also want to look at the responses on the recent Policy, Program and Procedures thread titled "Exception To TPRM Policy"
Original Message:
Sent: 06-15-2021 07:41 AM
From: Regina Erwin
Subject: Out of Scope
What types of products and services do you consider out of scope for third party risk management/vendor management?