Creating your vendor management initiative (VMI) framework identifies the governance for your vendor management activities while drafting your "first 100 days" plan. This phase will take you through the following activities:

  • Identify VMI quick wins
  • Draft your "first 100 days" plan
  • Configure your vendor business review agenda
  • Create vendor scorecards and vendor feedback scorecards
  • Establish a strawman VMI organization structure
  • Configure the Vendor Risk Maturity Assessment Tool

Use this phase as part of the full blueprint Jump Start Your Vendor Management Initiative.

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Jump Start Your Vendor Management Initiative

Gain fast, measurable results within the first 100 days.

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