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The Bottom Line

A View of the Industry That Pulls No Punches

3 Vendor Contract Management Best Practices You Can't Ignore

Posted by Andrew Keathley on Jul 29, 2021 10:00:00 AM

Vendor contract management is the process of creating, negotiating, agreeing, storing, and tracking vendor contracts. This process enables teams in legal, procurement, and finance to manage risks involved as well as renewals. 

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Topics: Manufacturing, Vendors & Contracts, Vendor Contract, Vendor Contract Negotiation, Vendor Contract Management, Vendor management

Learn How to Solve Procurement Challenges by Outsourcing

Posted by Jim Kurtz on Jul 15, 2021 10:00:00 AM

Restrictions related to the COVID-19 pandemic appear to be lifting, and some people are resting easier. Nevertheless, many organizations faced upheavals and disruptions that have left systems and processes tattered and, in many cases, broken. Moving ahead, managers can try to revert to the old ways of doing things ... or they can embrace change, learn how to solve procurement challenges, and adjust procurement strategies and processes to tackle the new realities.

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Topics: Manufacturing, Procurement Consulting, Procurement