Vendor Management
Right-Sized for You
Our Vendor Management Expertise
Contract Lifecycle Management
Enhance vendor contract performance, reduce risk, and improve contract value with our specialized CLM solutions.
Procurement Management
Transform procurement operations to increase efficiency, ensure compliance, and control costs with our procurement consulting services.
Third-Party Risk Management
Reduce third-party risk and strengthen organizational resilience with our third-party risk-managed services and solutions.
Vendor Lifecycle Management Program
Leverage our best-practice-based vendor management framework to unlock value at every stage of the vendor management lifecycle.
Vendor Management Systems
Improve speed, scalability, and data-driven decision-making with solutions to optimize your vendor management systems.
Our Services
Solutions
Services
Given the complexity of Virgin Galactic’s supply chain operation, and competing demands on our own time, we needed a partner to help us establish scalable policies, procedures, and infrastructure to support our rapidly expanding supplier management operations. We were fortunate to find Vendor Centric. In addition to guiding us through the strategic thinking, they rolled-up their sleeves to help us create documentation and operationalize all of our supplier activities.
Given the urgency of strengthening supplier risk management, we needed an advisor with proven expertise in third-party risk management, and knowledge of our industry regulations to ensure we would have a best-in-class operation to carry us forward for years to come. I am grateful to the team at Vendor Centric for being that advisor and helping us successfully complete this important initiative.
Vendor Centric helped us design and operationalize our end-to-end vendor management program. We now have policies, procedures and a system to support all of our activities, and a program that complies with regulations.
I was operating with a really small team. Vendor Centric got this right away, and designed their approach to ensure we right-sized our policies and procedures.
The Vendor Centric team had outstanding recommendations for our procurement program based on their work with similar organizations and knowledge of industry standards and best practices. They were highly professional, providing not only technical support but also ensuring that we completed the project in a timely manner and all employees were trained to implement the new procedures.
Vendor Centric provided a variety of practical opportunities to improve vendor management, supported by a detailed strategy and plan to resource our future state operations. Their work was critical to helping West Bend take the next step in maturing our program.
We hired Vendor Centric to help establish a new vendor management office from the ground up. They helped take us from strategy to initial operations in roughly six months. We couldn’t have done it without them.
Our operations were so complex with so many moving parts, we knew that we needed a partner to support us through the process. With Vendor Centric’s expertise in contract management, and knowledge of our industry, they were a clear choice to support us through our transformation journey.
Vendor Centric’s approach was comprehensive yet practical. Their team ensured we covered all of the procurement regulations and guided us through a process to not only prepare for compliance but also operate more efficiently and effectively through the implementation of a new system to support procurement, compliance and contract management.
The efficiencies and cost savings from our work with Vendor Centric improved the University’s bottom line and allowed us to reinvest savings into programs that directly impacted our students.
Vendor Centric Specializes in Vendor Management
In a world of consulting generalists, Vendor Centric stands out as the go-to company for vendor management consulting, advisory, and managed services. Since 2011, we’ve been helping organizations transform siloed, ad hoc activities into streamlined operations that drive more value and less risk from vendors and other third parties.
Working across a wide range of industries, our vendor management specialists provide strategic guidance and hands-on support to turn your vision into tangible results. At Vendor Centric, we support you at every step in your journey to establish, manage, and optimize your vendor management operations.
Vendor Management Insights & Resources
What Is Vendor Management?
Get a deeper understanding of exactly what vendor management is along with an overview of the practices and infrastructure necessary to support a well-run vendor management function.
How To Kick Start Your Vendor Management Program
Kickstarting a vendor management program on your own can be difficult. This guide helps you get your program off the ground by outlining practical steps you can easily follow.
Top 10 Vendor Management Trends to Watch in 2024
Check out this infographic to discover the key trends defining the evolving landscape of vendor management.
Ready to Get Started?
Book your complimentary consultation to learn how our vendor management solutions can help you tackle your toughest challenges.