What is vendor management?
Vendor ManagementMany businesses and organizations acquire goods and services from third-party vendors. Vendors are those whom organizations pay in exchange for deliverables that benefit those organizations. The types of vendors vary widely based on an…
7 Tips for effective vendor contract management
Vendor ManagementHardly any business runs on its own. Relationships with third-party vendors enable a huge portion of an organization’s operation, and the health of these relationships are directly connected to revenue. Within this system, vendor…