Vendor Management defines attributes of maturity in how well you are communicating with, leveraging and negotiating with your vendors. Structural strategies for success include assigning vendor managers internally, following a documented communication protocol and building a library of interactions. Business strategies for lease-versus-buy, outsource-versus-retain, and global consolidation are encompassed in these processes.
The IBPL Volume 9: Vendor Management comes with the corresponding templates and workflows on CD so that they may be tailored to your organization.
