What type of Vendor management experience you have?
Posted On: Jun 04, 2021
Vendor management experience comes when you spend a lot of time in the market. You can have a lot of experience about multiple vendors and the strategy that they follow. There are few methods that will help you in Vendor management. These methods are:
- Share Information and Priorities
- Balance Commitment and Competition
- Allow Key Vendors to Help You Strategize
- Seek to Understand Your Vendor's Business
- Negotiate to a Win-Win Agreement
- Come Together on Value
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