Take the Guesswork out of Choosing The Right Vendor
No amount of ongoing monitoring will fix a poor vendor selection or improve a one-sided contract. Vendor selection is a critical process because, done well, it clarifies your needs, provides understanding on how a vendor’s product or service helps you achieve your goals, and builds agreement about how to measure vendor performance. Vendor section is more than understanding functionality and connectivity. It is the ideal point at which to build in the ability to remedy poor performance.
Changing the Way Vendor Management is Done
Maple Street’s Vendor Advantage System® is a unique process where vendor performance is based on results, not on features and functions. Understanding your vendor’s business model is as important as understanding its technology, and a holistic approach to vendor selection, aimed at specific performance requirements, is the way to make sure your vendor selection results in the right vendor for you – for the duration of your vendor contract.