What do you do if your collaboration with vendors hits roadblocks?
When your collaboration with vendors encounters obstacles, it can be a significant strain on your business operations. Vendor management is a critical skill that involves overseeing and coordinating external suppliers of products and services. This process ensures that agreements are met, and the relationship adds value to your organization. But what happens when things don't go as planned? Whether it's a delay in delivery, a quality issue, or a communication breakdown, roadblocks with vendors are not just frustrating; they can also impact your bottom line and customer satisfaction.