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Conducting Better Vendor Assessments

December 5, 2017

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Vendor performance reviews will allow you to assess how your vendors are executing their contractual responsibilities. Are they meeting or exceeding expectations … or are there areas in which they’re falling short? Your vendor reviews should aim to help each vendor improve its performance—so that your company and its customers benefit. Here’s where to start.If your organization already has a system in place to track and evaluate vendor performance—follow it! It may include surveys, assessment…

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