Activate your vendor management initiative (VMI) framework to capture short-term gains by validating your "First 100 Days" project plan, calculating the ROI of the VMI, using various operational templates, and finally, building a long-term VMI strategic roadmap. This phase will take you through the following activities:
- Finalizing your "first 100 days" plan
- Understanding the ROI of the VMI
- Learning about various operational templates and tools
- Drafting your long term high-level three-year strategic VMI roadmap
Use this phase as part of the full blueprint Jump Start Your Vendor Management Initiative.