Vendor Risk Management
How to choose the best vendor, build effective relations and foster cooperation a successful journey for all parts?
How to choose the best vendor, build effective relations and foster cooperation a successful journey for all parts?
Vendor selection can be managed, introduced step by step and run for as long as you wish to avoid the risk of making bad subcontractor choices. Establishing the vendor management program in your company requires 8 steps.
Vendor rarely takes the bullet and it’s usually the buyer who has to bite it. Of course, you can go to the court and draw the consequences afterwards, but will your customers care? It’s the buyer who is responsible for his vendors performance.