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Vendor and Contract Management

by Andy Flagg, Publication Date: Monday, June 10, 2019
View Count: 234, Keywords: Contract Management, Vendor Management, Hashtags: #ContractManagement #VendorManagement



I was helping a few folks understand the difference between vendor and contract management.
 
vendor management; you are basically managing a relationship between your organization and other organizations. that's easy.
 
contract management; you are basically managing the performance of the deliverables to a contract.
 
do both involve people? yes. do both have different requirements? yes.
 
which one is more fun? well, if you are a people person, choose the vendor management one. if you are a pencil pusher and anal retentive choose the contract management one.
 
more to come...

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