Ways Your Current Vendor Management Process Could Be Hurting Your Organization

Vendors have always become integral to your organization, but with their partnerships come risk. Your vendor management program needs to be efficient to be effective. Unfortunately, there are ways that you might be implementing your vendor management program that could be taxing your organization's resources. If you're doing any of the things on this list, you could be hurting your organization more than you know.

In this article, you'll learn:

  • Pitfalls to avoid when managing your vendors
  • Ways to change your current methodology to create a more efficient program