Definition
Refers to the process of effectively and strategically overseeing and controlling relationships and interactions with external suppliers, vendors, contractors, or partners who provide goods, services, or solutions to an organisation. It involves a structured approach to selecting, evaluating, negotiating with, and collaborating with vendors to ensure that they meet the organisation’s needs, deliver value, and contribute to its overall success.
What CLPartners do
At CLPartners, we specialise in optimising your vendor relationships to drive efficiency, mitigate risks, and unlock untapped value. Our team of vendor management experts is committed to transforming your supplier interactions into strategic partnerships that propel your organisation’s success.