Establishing an Effective Vendor Evaluation Framework: Dos and Don’ts

Establishing an Effective Vendor Evaluation Framework: Dos and Don’ts

Enterprises today choose to outsource a huge chunk of their core operations to third-party vendors. To make the most of these investments, businesses must evaluate vendors against a well-defined set of vendor evaluation criteria. As the name suggests, vendor performance evaluation is a basic process of evaluating new and old vendors using a quantifiable approach. […]

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