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Evaluate the strengths and weaknesses of the vendor management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why?

Prog Home v3 › Forums › Advanced Study Courses – Vendor Management › Evaluate the strengths and weaknesses of the vendor management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why?

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  • November 6, 2023 at 4:06 pm #40314
    Chris Mcdonald
    Keymaster

    Evaluate the strengths and weaknesses of the acquisition management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why?

    April 13, 2025 at 8:56 pm #70978
    Heather Waider
    Participant

    LEG & COM KPA is included in our company’s VM KPA. They risk assess all vendors before doing business with them.

    I think all KPAs in the identified workflow makes sense. If I had to remove one, I would choose AID. If there were product or service issues from this group, those are probably already being reported to the PRO or ACQ areas.

    June 2, 2025 at 7:40 pm #72527
    Jennifer Badamo
    Participant

    Evaluating vendor management process best practices in relation to other Key Process Areas (KPAs) involves assessing how well vendor management supports or hinders organizational goals across areas like risk management, procurement, compliance, security, finance, and operations.

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