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What is International Suppliers Network mean?
The International Suppliers Network is a system which logs and tracks vendors. Major companies such as General Motors often use the ISN to establish the "trustworthy" status of a new vendor. The ISN also allows companies to import a validated version of a vendor's details directly into their own procurement system.
Companies which have an ISN Profile automatically are issued with an ISN Rating, which is a rating of a company's stability and ability to manage its business. This made the ISN profile a good International identifier. General ratings range from -10 to 10, with a default value of 1. This is based on a number of key criteria, such as financial stability, and trading history performance.
The ISN is regulated by the International Charter organization.
referencePosted on 29 Oct 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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