What is Vendor Management

Vendor Management: Vendors are businesses or individuals which supply services or goods to other businesses or individuals. It is a term used to illustrate the process of finding, doing and qualifying business with vendors. Common activities comprise researching vendors, obtaining quotes, negotiating contracts, estimating performance, updating and creating vendor files, and ensuring about payments, which are made properly.

   Related Questions in Biology

  • Q : Define Profit Growth Profit Growth :

    Profit Growth: Profit is the sum of money a company makes subsequent to deducting expenses. From year to year, or even month to month, gains will change. Companies generally want gains to grow. To compute profit growth, analysts utilize a percent-chan

  • Q : Cost of Quality Define the term “ Cost

    Define the term “Cost of Quality” and is ramifications or implications in the organization.

  • Q : Line organization structure or military

    Line organization structure or military organization A line organization is one in which all managers have direct authority over their respective subordinates, throu

  • Q : Description of compound eyes Give a

    Give a brief description of compound eyes?

  • Q : What is Voice Communications Voice

    Voice Communications: It is the communication via the Internet is the most advanced and newest technology nowadays. This technology was introduced in the mid of 90s that has raised the value and significance of Internet communication.

  • Q : Classification of Arthropod classes as

    Characterize three main arthropod classes according to the body division?

  • Q : Concept of universality of genetic code

    Write down the concept of universality of genetic code. And also write down the exceptions to this universality.

  • Q : Define the term respiratory pigments

    Define the term respiratory pigments? Name the respiratory pigment existed in some arthropods? Name the analogous molecule in humans?

  • Q : Explain Detail Design Detail design is

    Detail design is where the components and sub-assemblies are designed. Many companies use CAD to create models and working detail and assembly drawings. Drawings are produced in accordance with detailed calculations and preliminary design work. This s

  • Q : Example of negative feedback of

    Write down an example of negative feedback of homeostatic regulation?

©TutorsGlobe All rights reserved 2022-2023.