Effective Vendor Management to Build Long-Term Strategic Value
Tuesday, April 26th 9:45am to 10:15am
Successful vendor management is critical to strengthening your business and achieving strategic goals. Strong vendor management is a two-way relationship that allows for collaboration, problem-solving, and risk management while driving a competitive advantage for your company. “Partnership” isn’t a word that should be thrown around in a QBR and then not lived out in meetings, emails, and interactions after the fact.
But why is that important? Shouldn’t a vendor give you the best price possible and do what you ask simply because they want your business? Sure, until you need them to think outside the box, get creative, go the extra mile, get strategic. Hear tactics for building successful relationships with vendors, leveraging tools like scorecards and KPIs that take conversations beyond the attendee list and give your vendors the leverage they need to be effective, acting as a conduit within their organizations to achieve goals on your behalf. Discover how open communication can help you learn each other’s business to build strong partnerships that bring long-term value.