Vendor Management Solutions uses a collaborative approach to help clients:
Understand which elements truly define success (key value drivers)
Quantify and weight these drivers
Align business processes
Implement management practices to achieve sustainable resuts
By targeting the most critical drivers of success, the VMS Needs Profile illuminates any risks with your current relationship management program. VMS consultants help you to identify your needs then create a Solutions Proposal for consideration
Working together, we help you to quantify success as it relates to the work performed by your vendors and service providers. It is vital that partners clearly understand what’s of key importance on both sides of the agreement, to ensure services and performance are properly aligned.
Establishing communication pathways creates consistent and specific information at precisely the times it’s most useful. Strong pathways can be proactive and facilitate timely issue resolution and decision making. VMS designs pathways that create a culture of partnership, rather than reactive postures which are often destructive and mask underlying issues.
Change is the only constant in today’s business environment. VMS has tools tailored to help both parties understand what’s driving change and its impact to process, cost, or other aspects of the engagement. Solid change management protocols significantly increase the likelihood that changes will be executed timely and correctly, guarding against costly delays or errors. These proven methods also give organizations the confidence to take advantage of time-critical business opportunities.
We use our expertise to make sure that useful performance measurement reporting exists to effectively illustrate how actual results compare to defined service levels.