The rollout of a new vendor program for your organization is a big deal and often met with mixed feelings.
On one hand, it's exciting. You've spent weeks or even months negotiating an agreement with a supplier and now you're ready to implement their service. On the other hand, it can be scary. There's a lot at stake, so what will happen if it doesn't work out as expected?
One of the most valued skills in vendor management is negotiation. Careers can be made through artful negotiating if it gets your company the deals it needs in order to grow and be successful. For some people, it comes naturally. For others...not so much. But that's okay. Becoming a strong negotiator isn't determined by your DNA. With these tips and some practice, you'll be able to negotiate with any supplier with the confidence needed to close the deal.
As a vendor management service with a focus on vending machine services, we work with more than 1,500 suppliers across the United States. That's a lot of suppliers and vending revenue to manage. To do that effectively, we use a few tools such as a proprietary SQL database, QuickBooks, and MS Excel.
You or a previous manager signed up for vending machine services at your property some time ago. Things were great for a while, and your staff, customers, or residents had a convenient way to purchase drinks and snacks.
We work with a lot of vending machine companies across the United States. As in, more than 1,500. In our more than twenty years of service, we've learned to be quite selective in choosing a supplier to work with. This allows us to provide the best vending services available for our clients from coast to coast. But how do we know if a supplier will be good?
Ask any procurement or purchasing department employees what their number one goal is and they'd probably say saving money and time. Whether it's for raw materials to make your products or ancillary services to support day-to-day operations, supplier management can be expensive. As everyone likes to save money, consider these tips to cut costs in your supply chain management.
Break rooms are an integral part of any workplace, and deserve a lot more attention than you'd think. Aside from simply providing a space where employees can decompress for a moment, a break room should be inviting and foster an environment where everyone can mix and mingle. If you're in the process of designing (or redesigning) your company break room, consider these essential items.
The vending machine charged me twice! Now, what do I do??
Have you been charged twice for an item you purchased from a vending machine? We can help explain.
What's the most valuable asset to any company? Most managers would agree that it's the people. Your employees are there day-in and day-out, helping propel your business forward in a myriad of ways. So why not create a workplace in which everyone is happy and proud to work?
Mmmm...coffee.
What an amazing beverage. How could the world ever function without it? You laugh, but it's a serious question. Coffee is one of the most traded commodities in the world. Could you imagine a world without it?