Comprehensive Services That Take You From Vision to Value
Vendor Centric supports your end-to-end journey to establish, implement, and optimize your vendor management operations.
Consulting Services
Baseline Assessments
When you’re getting a new program up and running, it’s hard to know where to start.
Our Baseline Assessment Services provide a structured approach to baselining your current activities, defining your priorities, and creating a roadmap with milestones for establishing a new vendor management program.
Policy and Procedure Development
Policies and procedures are crucial to vendor management operations, but who has time to write them?
Our Policy and Procedure Development Services provide you with written policies and procedures, ensuring that they incorporate best practices and regulatory requirements that are customized for your organization.
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’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.
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.
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.
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.
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.
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.
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.
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.
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.
Resource Planning
and Support
It’s a challenge to identify and align the resources you need to support your end-to-end vendor management operations.
Our Resource Planning and Support Services will help you align your internal and external resources to handle day-to-day operations. We help you create your resourcing plan, define roles and responsibilities, and get everyone rowing in the same direction. We can also augment your team to support both short and long-term resourcing needs.
Skill Development
and Training
It’s critical that your team has the right skills and training to effectively perform their roles.
Our Skill Development & Training Services are aimed at closing skill gaps and developing your team. We provide skill assessments, training, and learning resources to make sure your team is equipped to confidently execute their vendor management responsibilities.
Continuous Improvement
Looking to take your vendor management program to the next level?
Our Continuous Improvement Services will help you evaluate your current program and find ways to raise the bar. We employ techniques like internal control testing, maturity assessments, and compliance reviews to assess your vendor management program and find improvements based on industry best practices.
Value Creation
Ready to drive ROI and create real value for the business?
Our Value Creation Services help you define your vendor management strategies and create measurable value through cost savings, risk reduction, and vendor performance improvement.
Technology Services
We know the market when it comes to vendor management technology. Our team of independent advocates helps you find and implement the right solutions in the near term and maximize your technology investment for the long term.
Ready to Get Started?
Our specialists will listen to your challenges, discuss options and create a customized solution just for you. We’ll then work with you side-by-side to get your stakeholders on board and your infrastructure in place so that operations are running smoothly. Our goal is to take you from vision to value and support you every step of the way.