Vendor management is about improving the process for increasing efficiencies and managing vendor relationships to ensure that the agreements are made are mutually beneficial for both parties. Oversight the vendors is a process that is critical throughout the life span of a clinical project. Ongoing oversight of vendors is conducted and is achieved through a variety of different methods. However, the main point is to be involved in the project very deeply and have a strong knowledge about it. It increases the chances in discovering any issues and then finding the best solution to keep project moving in the right direction.
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