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Jump Start Your Vendor Management Initiative – Phase 4: Review

Author(s): Phil Bode

This phase helps the VMI identify what it should stop doing, start doing, and continue doing as it improves and matures. The main outcomes from this phase are ways to advance the VMI and maintain internal alignment.


Tags

Vendor Management, Supplier Management, ROI, Return on Investment, VMO, Job Descriptions, Strategy, 100 Days, Strategic Vendors, IT Strategy, Vendor Maturity, Scorecards, Savings, Value Creation, Vendor Classification, Two Way Scorecards, vendor assessment, Risk Assessment
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Thought model representing Jump Start Your Vendor Management Initiative

Jump Start Your Vendor Management Initiative

Create and implement a vendor management framework to begin obtaining measurable results in 90 days.

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