Once vendors are hired, procurement and project managers actively track vendor performances and maintain positive vendor relationships.
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Once vendors are hired, procurement and project managers actively track vendor performances and maintain positive vendor relationships. Based on performances, vendors may either be awarded another contract or fired.
- Share experiences or knowledge gained through reading relevant textbook and articles, as well as watching educational videos. Provide substantive responses related to Unit 5 learning objectives. Ensure that responses satisfy length requirements and that they reflect your ideas and point of view rather than materials copied and pasted from various sources.
- Describe vendor relationship management and vendor performance tracking activities that you would recommend to ensure that all parties satisfy long-term objectives.
Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
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