End the Friction of
Managing Vendors
30 minutes with a senior practitioner to diagnose your friction.
Where Vendor Management Friction Shows Up
Contract Management
Contracts scattered across teams. Renewals slipping through. Vendor obligations no one is tracking. We put consistent standards and stronger oversight in place to ensure you’re getting top performance and value out of every vendor relationship.
Procurement Management
Requests arriving from every direction. No single intake. Business units buying around policy. We design the procurement operation that streamlines and simplifies intake to PO.
Third-Party Risk Management
Point-in-time risk assessments. Incomplete vendor inventory. A board asking questions you cannot answer. We get TPRM working for today’s fast-paced environment so you can manage risk effectively while meeting regulatory and audit requirements.
Vendor Management Systems
The market is moving fast and the options are endless. We help you select the right platform, implement it to fit how your vendor management actually runs, and drive the adoption that turns it into something your team actually uses.
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.
What an Engagement Looks Like
Our solutions and services are designed around the most common problems companies face, so wherever your friction lives, we have a path to fixing it. Every engagement is led by senior practitioners, and the same team stays with you from kickoff to close.
Solutions
Services
What Our Clients Say
From strategy to operational in roughly six months.
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.
30 minutes with a senior practitioner to diagnose your friction.
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.
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 set us up for success. They gave us the roadmap, the staffing plan, and independent guidance to allow us to have the right conversations. We had so many things on our list that we wanted to do, and now we have a framework for how we roll it out, where we start, and where we’re going to get the biggest value.
One Focus. Fifteen Years. 100+ Organizations.
Most consulting firms spread across dozens of practice areas. We focus on one, helping mid-market and emerging enterprise companies get more value from their vendors by removing friction from their vendor management operations.
We work with senior leaders in procurement, risk, finance, security and compliance that need strategic advice and execution support without Big Firm overhead.
Since 2011, our senior practitioners have led successful engagements with over 100 organizations across multiple industries including Athene, Banner Life, FHLBank San Francisco, Puget Sound Energy, Public Health Solutions, and Zoetis. Multiple industries, common problems, proven approach.
There’s a reason why 3 out of 4 clients hire us for a second project right after the first. When we remove the friction in one corner of vendor management, the next layer opens up. The client who brings us in to fix their TPRM finds that procurement is the next bottleneck. The one who hires us to clean up contracts finds that risk reporting is the next conversation. Our senior practitioners know the pattern because they’ve run it across 100+ engagements in procurement, risk, finance, security and compliance. We become the partner who unifies vendor governance, one layer at a time, and stays until the work actually runs without us.
75% of our clients come back for a second project.
Want to start the first one?
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?
What is vendor management, in plain language. The practices, the fundamentals, and what separates a working program from a paperwork program.
How To Kick Start Your Vendor Management Program
Designing a vendor management program from scratch. The first 90 days. What to prioritize, what to skip, and where most programs get stuck.
Sample – Competitive Solicitations Policy
A real competitive solicitations policy you can tailor to your organization. One of 50+ field-tested templates in our toolkit.
Stop the Friction in How You Manage Vendors. For Good.
Book 30 minutes with a practitioner who’s solved your friction. You walk us through what is breaking, we tell you what is likely driving it, and what comparable organizations are doing to fix it.
A diagnosis of your friction from a senior practitioner.
You leave with a read on what is actually broken.