Developing and sustaining long-standing relationships with company-approved vendors.
Meeting with suitable vendors to assess their products, inquire about their services, negotiate pricing, and communicate any product or service-related concerns.
Conducting research on available vendors to determine which vendors offer the best pricing and product quality.
Continually monitoring sales trends to determine which products are more popular than others.
Implementing vendor selection programs to ensure that the best vendors are secured.
Conducting interviews with new vendors and informing approved vendors of their responsibilities and obligations.
Establishing standards by which to assess the performance of approved vendors.
Evaluating current vendor management programs and identifying ways to improve them.