How do you measure your vendors' contribution to your company? In this episode, Chris Pieper, CEO of Alliance Enterprises, gives us a new and unique approach to identifying winners and losers in our vendor portfolios. Using principles and methods from Activity-Based Cost, Vendor Contribution Assessment gives a quantified measurement of vendor contribution to the organization's mission. From this assessment information, managers can now focus on replicating best practices and eliminating bad practices. This approach works well for both nonprofit and commercial enterprises.
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