Vendor Relationship Management Approach

Vendor relationship management (Vrm) is a section of business enterprise made achievable by software tools that destination to equip customers with both self-reliance from vendors and sharpened means for enchanting with vendors.

Vendor Relationship Management is the regular effort to drive the Process Improvement in business communications between buyer and seller by the electronic system or manually. Nowadays, there are many portal providers/vendor portals that have been brought into the picture/market for maintaining real-time/transparent communication between buying and selling organizations.

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