How do you empower staff to manage vendors?
Managing vendors is a vital skill for any organization that relies on external suppliers, contractors, or consultants for its products, services, or projects. However, vendor management is not just a task for senior leaders or procurement specialists. It also involves empowering your staff to effectively communicate, negotiate, collaborate, and monitor vendor performance and relationships. In this article, we will share some tips on how you can empower your staff to manage vendors and achieve better outcomes for your organization.