Vendor Management is not just negotiating low prices for your company. Vendor management is a continuous process working with your vendor partners to reach agreements which mutually benefit both companies.
Vendor management seeks long term relationships over short gains and marginal cost savings. Constantly changing vendors because of expectations or cost savings may resolve short term but have costly organization impacts long term.
Our team is specialized in understanding the best process when seeking a new vendor or building/repairing a relationship with a current vendor.
We can assist your team with best practices in :
- Sharing information and priorities
- Integrating vendors into current company processes
- Effectively communicating expectations and requirements
- Building commitments between your company and the vendor