Blogs

Vendor Management That Works For You

Street Smart Vendor Review Kits

With the Covid-19 pandemic continuing to affect organizations across the world and the Great Resignation causing labor shortages like we’ve never seen, one non-renewable resource continues to be the highest in demand – Time. Maple Street has a solution for you – Order Street Smart Vendor Review Kits for your critical vendors

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Great Resignation not so great for you?

The Covid-19 pandemic brought many challenges for credit unions and community banks over the past few years, including the Great Resignation. This ongoing trend of employees voluntarily leaving their jobs in search of more money, flexibility and satisfaction is expected to continue

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Too busy to save your members or customers money

One of the problems from being too busy is the inability to pay attention to important details that can easily be put off to another time. The best example we’ve seen of this is putting off evaluating existing vendors and considering renegotiating your contract with those vendors.

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The value of vendor planning

Credit unions and community banks routinely do strategic planning – the key word being “routine,” because institutions frequently fail to consider all aspects and possibilities, including the tools you’ll need to get the results you want three to five years from now.

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The Performance Addendum

Maple Street has been negotiating with your vendors for over 18 years. We negotiated great results but wanted to see where we could improve, so we took the time to evaluate past negotiation projects to determine if our clients were getting the results vendors promised.

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