Vendor Management Consulting

 

Vendor relationships are some of the most complex to manage. It's not enough to simply focus on managing costs. Vendors carry a variety of compliance, risk and performance issues that need to also be managed in a proactive, disciplined way.   That's where Katana Development Group can help. Our vendor management consulting services will help you drive more value from your vendors by implementing a sound strategy coupled with the right policies, procedures, systems, and reporting. Our unique approach to vendor management allows you to plan the end-to-end relationship with your vendor, and ensure activities are coordinated and aligned to control costs, manage compliance, reduce risk and improve performance.

 

Common consulting challenges that can be addressed through better vendor management:

 

You have pressure to reduce operating costs or improve profitability for office development. Purchasing is decentralized making it difficult to have visibility into purchasing data.

 

Buyers have lots of autonomy in their purchasing decisions making it difficult to implement a common sourcing strategy for office space.

 

You experience recurring problems with key vendors that go unsolved.

 

You are concerned about operational risk because you've outsourced key parts of your operations.

 

You have limited visibility into contracts with vendors, contractors, and consultants.  

 

You are concerned about performance because you don't have dedicated resources that continually review your vendor portfolio and purchasing practices.   

                    

Areas in which our Vendor Management Consultants can assist:

 

• Sourcing strategies and vendor consolidation

• RFP management and vendor selection

• Contract negotiation

• Cost reduction

• Policy development

• Process improvement, scalability, and automation

• Process outsourcing strategies & implementation

• Process standardization & documentation

• Vendor risk assessments

• Contract compliance audits

• Vendor management software implementation