What is a Vendor
Learn what a vendor is, what types are out there, and how you can choose the best vendor for your facility’s needs. Explore vendor management best practices.
All
106 results
Learn what a vendor is, what types are out there, and how you can choose the best vendor for your facility’s needs. Explore vendor management best practices.
Discover what Replacement Asset Value (RAV) is and its role in facilities management. Learn how to calculate RAV and how to use it to your advantage.
Learn how vendor management controls costs, drives excellence, and mitigates risks through selection, contract negotiation, onboarding, and tracking.
Learn how a Vendor Management System (VMS) streamlines vendor processes, enhances efficiency, and improves vendor relationships in facilities management.
Learn about Vendor Risk Management (VRM) components, processes, and strategies to ensure secure, compliant, and efficient vendor relationships.
Explore vendor-managed inventory and learn crucial details that can help determine whether or not this supply-chain initiative is right for your company.
Explore the essentials of vendor agreements, their importance in facilities management, key components, challenges, and benefits.
Learn the critical role Vendor invoices play in an organization’s financial management plan and how to effectively navigate and manage them for your business.
The vendor number is a critical identifier for tracking supplier interactions. Learn how organizations utilize vendor numbers for streamlining record keeping.
Learn how total effective equipment performance (TEEP) maximizes facility efficiency. See how to calculate it and why to use it.
Learn what vendor onboarding is and discover processes to ensure seamless integration and compliance of new suppliers into your operations.
Gain insights into the equipment downtime rate measurement and learn how improving this maintenance metric can help increase productivity for your company.
Find step-by-step instructions on hundreds of topics, chat with an agent,
or call our dedicated provider hotline.