We have rich experience exploiting Vendor Management practices as a transformational force in optimizing supplier value.
We have rich experience exploiting Vendor Management practices as a transformational force in optimizing supplier value. Our clients use our the VendorResults platform to:
Maximize supplier value by exploiting the VendorResults' Vendor Relationship Management solution:
Consolidate your supply base and create preferred supplier (vendor marketplaces) lists to support competitive bidding
Track management of governance processes and activities to monitor vendor performance, contract obligations, escalations, and expected vendor outcomes
Implement simplified workflow-based request processes to reduce cycle times in procurement and consolidate intake.
Optimize the subscription / license management renewal process and focus on reducing subscription costs.
Collect all vendor related information centrally for tracking and follow-up.
Manage the full life cycle of sourcing events to optimize cycle times.