Vendor Relationship Management
GPTKB entity
Statements (50)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Process
|
gptkbp:aimsTo |
Enhance value from vendors
Optimize vendor performance Reduce supply risk |
gptkbp:benefit |
Innovation
Cost savings Risk mitigation Improved quality |
gptkbp:challenge |
Data quality
Communication barriers Cultural differences Changing regulations Supplier risk |
gptkbp:focusesOn |
Sustainability
Compliance Ethical sourcing Long-term partnerships Strategic sourcing |
https://www.w3.org/2000/01/rdf-schema#label |
Vendor Relationship Management
|
gptkbp:includes |
Performance monitoring
Contract negotiation Relationship development Vendor evaluation Vendor selection |
gptkbp:relatedConcept |
Outsourcing
Contract management Supplier diversity Supplier scorecard Supplier segmentation Third-party risk management Vendor compliance Vendor offboarding Vendor onboarding |
gptkbp:relatedStandard |
gptkb:ISO_9001
ISO 20400 ISO 44001 |
gptkbp:relatedTo |
Procurement
Vendor Management System Supplier Relationship Management |
gptkbp:usedBy |
Public sector organizations
Large enterprises Procurement departments Supply chain managers |
gptkbp:uses |
gptkb:Key_Performance_Indicators
Scorecards Contract management systems Vendor Management Software |
gptkbp:bfsParent |
gptkb:VRM
gptkb:VRM_(Vendor_Relationship_Management) |
gptkbp:bfsLayer |
7
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