Vendor management

Manage relationships, track contracts and payments, and monitor delivery and performance across all your vendors and suppliers with our vendor management template.

Tips for managing vendors and suppliers with our template

Effectively managing a network of vendors and suppliers can be difficult, but necessary to achieve goals you simply can’t alone. But if you lack a central place to communicate, keep contracts, and work plans, it’s hard to know if work is getting done according to plan, budget, and schedule. Our template gives you the tools to streamline and scale your vendor management process, from sourcing and contract negotiation to performance and relationship management. Try our template today, and follow these tips:

  • Scale repeatable processes. Standardize sourcing and evaluation criteria so you can select and onboard new vendors more quickly and schedule recurring tasks like check-ins and payments to spend less time coordinating.
  • Centralize vendor information. Capture important details—contacts, pricing, documents, status, and meeting notes—in one place to give your team visibility on every vendor.
  • Improve communication and accountability. You can assign actionable tasks to vendors and share updates and feedback in Asana for more accountability instead of communicating across long email threads with.

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  • How Overstock manages relationships

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