Establish a Sustainable Vendor Management Office Sample
Use this storyboard to define a process for vendor management that best fits your organization's specific needs.
- Define vendor management for your organization.
- Write a strategic roadmap for your vendor management office.
- Design an organizational structure for your vendor management office.
- Choose core competencies and write job descriptions.
- Define value metrics and gain stakeholder buy-in.
Taking a proactive approach to managing your vendors will help build relationships where everyone’s best interests are accommodated. The approach begins by laying the foundation for a thorough vendor management function within your organization.