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What is vendor performance?
When the organizations depend on some external parties for some specific type of work or key services through, then it is known as the vendor performance. A lot of external services are there for which any company gets dependent. Mostly the vendor services are relying for IT, Finance, Accounting, Facilities management, Legal services and similar other services.
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What are some characteristics of Vendor performance?
Some important characteristics are as follows-
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Vendor performance in details
Significant activity for vendor performance sits between the two major factors as-
Reasons of Procurement’s interest in Vendor performance are as follows-
Operations are interest to enhance the-
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