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.
Unlock the Value ofVendor Management
Our specialists help you establish and optimize your end-to-end vendor management operations.
Optimizing Vendor
Management is a Journey
Wherever you are in your journey, Vendor Centric can help turn your inefficient, ad hoc activities into a strategic, value-creating vendor management program.
End-to-End Solutions
for Vendor Management
Whether you need help in a targeted area of operations or are looking to establish a holistic vendor management program, Vendor Centric can help.
Strengthen Contract
Management
Control costs, reduce risk and improve
contract performance.
contract performance.
Streamline Procurement
Operations
Standardize activities & simplify workflow to select the perfect vendor every time.
Reduce Third
Party Risk
Identify and mitigate third-party risks to keep your organization safe.
Vendor Management
Programs
Holistically manage vendors to maximize their value and minimize their risk.
Our Specialists Support You
Every Step of the Way
Consulting Services
We provide a full suite of consulting services to support you at each stage in your journey. From initial assessments to building your infrastructure to optimizing your operations, we’ve got you covered.
Technology Services
We know the market when it comes to vendor management technology. Our team of independent advocates help you find and implement the right solutions in the near term and maximize your technology investment for the long term.
We Are Built to Help You
Succeed for the Long Run
We know that every organization has a different starting point in their vendor management journey. With our Establish-Implement-Optimize approach – one of our five success factors – we can help you progress in your journey no matter where you start.
Establish
Build a solid foundation with documented policies and procedures, and clear roles and responsibilities.
Implement
Operationalize the day-to-day resources, technology and governance you need to support effective, efficient operations.
Optimize
Enable the business by continually maturing operations and creating measurable value through strategic initiatives.
John Henderson
Chief Financial Officer, American Councils
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.
Alfonso Wright
Director of Finance, Polaris
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.
Justin Holden
VMO, Legal & General America
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.
Kelly Gear
Chief of Staff and Senior Vice President, FHLB-SF
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.
Julie Varghese
Chief Operating Officer, Atlantic Council
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.
Gerald Moench
former CFO, Rockhurst University
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.
Krista Lepper
General Counsel and VP of Legal Affairs, PHS
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.
Lisa Morris
Vice President, Supply Chain, Virgin Galactic
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.
Lacy Krause
Former Head of the Vendor Management Office, Health First
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.
Matt Carlton
Director – Corporate Legal, West Bend Insurance Company
Vendor Management
Resources
Blogs
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.
Downloads
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.
Case Studies
Building A Vendor Management Office
See how we helped Health First create a disciplined and effective vendor management office to centralize and streamline vendor-related activities.