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Vendor Management Skills

Managing vendors is as important as managing inventory in a business. As a matter of fact, both of these are closely interlinked, considering vendors are the people that help you fill out your inventory. That would be going off on a tangent, though, considering this article is going to talk about the top skills you require to be a cream-of-the-crop vendor manager.

Businesswoman with a digital tablet showing and talking with male worker in distribution warehouse. Manager working with foreman in warehouse checking stock levels.
Vendor Alignment

Vendor alignment is one of the most important parts of a business, simplifying a huge part of business management. It increases the efficiency of your work by onboarding them onto a certain software and increases the profitability greatly.

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Supply Chain Deficiencies and Accounting Automation

While the supply chain involves a lot more than the scope of this article, any disruption in the supply of products or the selling of these products will lead to a disruption in the accounts department of your business. This article will highlight how the ongoing supply chain crisis affects your AP department.

vendor vetting
AP Automation and Vendor Vetting

📄 This week’s article series focused on Vendor Maintenance. Keeping a tight-knit vendor database can take some time. With supply chain changes happening just about every day now, it`s almost impossible to keep up with vendor changes.

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How to keep your vendor happy

Vendors are an essential part of any business. They help keep the business running and supply you with an apt amount of products and/or raw materials. Keeping this in mind, making your vendors happy is quite necessary.

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