Organizations rely on a wide network of vendors and suppliers for essential products, services, and expertise. These relationships help improve customer experiences, drive innovation, and boost operational efficiency.
While vendor relationships can help organizations save money while providing specialized skills and services, they also introduce risks and hidden costs that can impact your organization. These risks may not be obvious right away, but they can threaten an organization’s stability and long-term success. This eBook explores these hidden costs, the consequences of missed risks, and how to manage them.
Download the eBook to learn:
- The risks of not managing vendor and supplier relationships
- Consequences of unmanaged vendor relationships
- How to prevent the hidden costs
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