Senior Level Vendor Managers
Given the importance of our third-party relationships to the success of an organization, the role of the vendor manager has evolved so that they are no longer a legal clerk, a contract negotiator, or a paperwork administrator.
In today’s business world, vendor managers are often a part of the senior level management team where strategic thinking and business development are vital necessary skills.
It can be tough to “think strategically” about vendors – particularly when they are a critical vendor that has been servicing your organization for years and are locked into a long contract, but here are a few tips…
Becoming a shrewd Business Developer is another skill to hone as a senior level Vendor Manager. More and more the success of our organizations are intricately connected to the services or products provided by our third parties.
This Blog post is based on content from Quantivate’s Recent Webinar called “Vendor Management: Best Practices to Jumpstart your Program“. You can view the webinar on the Quantivate Vendor Management Resources Page.