SAP Ariba, the procurement and supply chain specialists, define vendor management as follows: A digital marketing company, meanwhile, will have vendors such as The Rocket Science Group, who provide tools such as MailChimp. So let’s start from the very beginning.Ī vendor is a business that supplies goods to another company.įor instance, a restaurant which offers seafood on their menu will have a wholesale seafood supplier as one of their vendors. I appreciate that the topic of vendor management may appear a little bewildering. Now, it’s time to get a solid grasp on vendor management.
0 Comments
Leave a Reply. |