Vendor Management

Vendor management is the discipline of establishing service, quality, cost, and satisfaction goals and selecting and managing third party companies to consistently meet these goals.

Often firms may not have the in house expertise or familiarity with focused management of key suppliers. Buzzelli Advisory Services resources will work with your team to review current processes or if required establish a process that will allow you to successfully manage your suppliers.

Successful vendor management involves establishing a clear set of deliverables for vendors while creating metrics to monitor the results.

Partnerships must be formed with suppliers, giving them the “rules of engagement” allows them to perform in an improved manner as well.

Buzzelli Advisory Services will assist in the following key areas of vendor management:

  • Management of Goods and Services
  • Establishing Goals
  • Vendor selection
  • Managing Vendors
  • Monitoring Performance
  • Rationalizing the Vendor Base

 

 

Buzzelli Advisory Services
620 Kingsberry Circle
Pittsburgh, Pa. 15234
412-518-7178

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