3 Steps to Improve Strategic Vendor Management
SEPTEMBER 1, 2019
Before you take on a new vendor, stop and consider the impact the relationship will have on your organization — will the vendor will be engaged in your most critical initiatives, systems or business processes? Think beyond scorecards and costs. Do the service and solution strategies align with your architecture and goals? Does the vendor exhibit partnership-like traits? . Relationships with strategic vendors are increasingly key to business performance.