Microsoft Vendor Program (MSVP) (n.)
The Microsoft® Vendor Program (MSVP) was created to make it easy for Microsoft employees to work with a pre-qualified, select group of vendors—and for vendors such as you to work with us. It includes a series of criteria that vendors must meet to be included (such as signing the Microsoft Vendor Program Agreement) as well as provides a range of benefits to both Microsoft vendors and employees. Microsoft vendors are divided into two levels-preferred vendors (80 percent of the suppliers) and premier vendors (20 percent of the suppliers).
Microsoft Vendor Program Agreement (n.)
This contract is duly executed by Microsoft and the vendor prior to doing any work. Because it is an overarching agreement, once the vendor has signed this Agreement, no further contracts are needed for work performed (other than specific statements of work depending on the nature of the project).
Minority Business Enterprise (MBE) (n.)
A minority-owned business is a for-profit enterprise, regardless of size, physically located in the United States or its trust territories, which is owned, operated, and controlled by minority group members. "Minority group members" are United States citizens who are Asian, Black, Hispanic, and Native American. Ownership by minority individuals means the business is at least fifty-one percent (51%) owned by such individuals or, in the case of a publicly-owned business, at least fifty-one percent (51%) of the stock is owned by one or more such individuals. Further, the management and daily operations are controlled by those minority group members.
MS Inquire (n.)
Part of the Microsoft suite of e-procurement tools, MS Inquire allows vendors to track payment progress.
MS Invoice (n.)
Part of the Microsoft suite of e-procurement tools, MS Invoice enables vendors to submit invoices or credit memos online.
MS Market (n.)
Part of the Microsoft suite of e-procurement tools, MS Market not only makes it easy for Microsoft employees to find appropriate MSVP vendors, it automates project initiation and setting up purchase orders so vendors don't have to wait for paper forms to make thier way back and forth between employees.