Vendor Management : comparing yourself with Best Practices
Having a formal Vendor Management program in place is a good evidence of Procurement maturity as it requires a robust list of pre-requisits to make any sense: Strategic and Preferred …
Category: Supplier Relationships
Vendor Management: focusing relationships on Strategic & Preferred Suppliers
Sourcing and demand management are best levers for spend baseline reduction, but on the long run Vendor Management is critical for 1-3% savings year on year. First of all …