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Discover LudwigThe phrase "vendor management" is correct and commonly used in written English.
It refers to the practice of overseeing relationships with suppliers or vendors to ensure that goods and services are provided on time, at the right quality, and at the best price. You can use "vendor management" in various contexts, such as in business reports, contracts, project plans, and job descriptions. For example: - Our company's cost-saving strategy includes implementing effective vendor management practices to negotiate better deals with our suppliers. - As the procurement manager, your responsibilities will include vendor management, contract negotiations, and supplier evaluation. - The success of our project heavily depends on efficient vendor management to ensure timely delivery of equipment and materials. - The IT department is responsible for vendor management and maintaining relationships with software and hardware suppliers. - The vendor management team conducts regular audits and performance reviews to ensure compliance with our quality standards.
Exact(52)
One answer could be a vendor management system (VMS) to manage all aspects of the contingent labor program.
Cloud-based vendor management systems can help make it easy to manage your supply chain front end, without having to invest in your own expensive technology or resources.
Its business lines include office, industrial, Information Technology, engineering and technical, finance and legal, medical and science, as well as solutions involving career transition and talent development, managed service programmes, recruitment process outsourcing, and vendor management system.
Instead of contacting suppliers (staffing and temp agencies) directly to fill requisitions for contingent workers, Harvard managers will submit requisitions electronically via the new Vendor Management System, Fieldglass.
One of a vendor management system's most critical functions is helping hiring managers find the best candidates to fill job openings.
They designed and implemented a new shared services organization that centralizes training development and vendor management.
Similar(8)
A new process innovation, vendor managed category management, is proposed.
EMC's archrival IBM agrees with the premise of multi-vendor management, but says EMC's approach is too proprietary.
A business viewpoint for institutional buying and vendor relationship management, or supply chain management, is a necessary functional position within any association.
More at the Vendor Relationship Management blog.
PayChoice is a breed of VRM, or Vendor Relationship Management.
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