Professional Documents
Culture Documents
MANAGEMENT
Vendor management is a process of
governing vendors through relationship
management, selection of vendors,
defining criteria for vendor to give a good
result in minimum time.
Primary Vendor(s) – Refers to the direct
contractual relationship between a
consulting vendor and the end client. A
typical vendor management program will
have a number of primary vendors, but
there can be one primary vendor who can
then use sub-vendors.
Sub-Vendor(s) – Those staffing firms that
work through a primary vendor.
RELATED TERMINOLOGIES
• Vendor- A vendor, or a supplier, meaning
anyone who provides goods or services to a
company. A vendor often manufactures and
sells those items to a customer.