The Vendors tab is convenient for managing all third-party vendors involved in your AI application.
Each listed vendor has a name, an assignee to that vendor, a vendor status indicator, the risk status of the vendor, and a review date.
By clicking the gear icon in the rightmost column, a given vendor can be edited or removed from the project.
You can change a vendor's settings by clicking the corresponding gear icon and then 'Edit'. Alternatively, click Add new vendor
on the top right corner of the screen to create a new vendor.
To add a new vendor to a project, you need to first provide details on the vendor.
To add a new vendor, add the following to the "Vendor details" tab. Just a note that when a vendor is added, it is available for all projects.
- Vendor name
- Website: Provide a URL to the vendor's website.
- Project name: Select the project that the vendor is assigned to.
- "What does the vendor provide?": Explain how the vendor is integrated with your AI application.
- Vendor contact person: Provide the full name of a contact from the vendor.
- Review status (Active/ Under review/ Not active): Select the appropriate review status.
- Reviewer: Designate the organization member responsible for the review.
- Review result: If a review has been conducted, report the result of the review.
- Risk status (Very low/ Low/ Medium/ High/ Very High): Note the risk status of the new vendor.
- Assignee: Assign someone to the vendor.
- Review date: Note down the date of vendor review, if one was conducted.
- If done, click
Save
.
If the vendor poses any risks, this needs to be monitored. The "Risks" tab allows users to provide details on risks posed by the new vendor, if any.
- Risk description: The risk that may be posed by the new vendor.
- Impact description: The (hypothetical) impact of the risk.
- Impact (High/ Moderate/ Low): The scale of disruption threatened by the risk
- Probability: Possibility of the risk causing disruption
- Risk severity (Critical/ Major/ Minor): The acuteness of danger (e.g. to data privacy or human safety) posed by the risk
- Action plan: An action plan to mitigate and/or avert the risk
- Action owner: The person responsible for mitigating this risk and implementing the action plan
\