Discounts are the saving grace for a buyer. They are hard to ask for, but they are equally hard to understand. There’s a lot of math involved in availing discounts, which you should understand well to get the best of the deal that has been provided to you. This...
Ten reasons why your business should focus on Vendor Management
Running a business is an extremely challenging task. You need to manage a lot of different stakeholders, and you have to keep track of all the different vendors who work with you. Without the right tools and technology, it can be nearly impossible to manage everything...
Benefits of a well structured vendor management process
Making your business’ vendor management a well-structured process has various advantages. After all, to manage a certain business, you need various plans to see through to every little action. If you are a vendor manager, you know how tough it can be to bring vendors...
Understanding The Process Of Vendor Management
If you are like most business owners, vendor management is one of the most challenging aspects of running your company. There are many layers to this process, from selecting the right vendors to managing their performance and ensuring that all contractors comply with...
IT Vendor Management Best Practices
IT vendors are an essential part of IT operations and the lifeblood of your business. If you want to make sure they're performing at their best, it's important to have a well-defined vendor management process in place. When companies set out on this journey, they...
A Complete Guide to Vendor Management
If you've been in business for any period of time, you know that finding and managing vendors is an integral part of running your company. It can also be a headache if you don't have systems in place to ensure that your vendors are properly vetted. Luckily, there are...