How Do You Build an Effective Vendor Management Strategy in an MNC?

mdmuthu
Hello, I work for an MNC and we are looking at putting in place a vendor management strategy. We are focusing on implementing the process around vendor selection, management, retention, and measurement. Please share your views, thoughts, and processes.

Thanks
tajsateesh
Hello Muthu,

Please elaborate on the department you wish to implement these strategies - is it HR or Commercial/Purchase?

Regards,
TS
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