In my previous role, I managed a vendor who consistently missed deadlines. I initiated regular check-ins and established clear KPIs to monitor progress. By fostering open communication and setting realistic expectations, we were able to improve their performance and meet our project goals.

I prioritize vendor contracts based on the impact on business operations and the contractual obligations. I use project management tools to track deadlines and allocate resources effectively. This ensures that critical projects receive the necessary attention while maintaining progress on all fronts.

I implement a robust compliance monitoring system that includes regular audits and performance reviews. I also ensure that all parties are aware of their obligations through clear communication and documented agreements. This proactive approach helps in identifying and addressing issues before they escalate.

I approach vendor disputes with a focus on finding a mutually beneficial solution. I gather all relevant information, mediate discussions, and propose compromises. If necessary, I escalate the issue to higher management or legal teams to ensure a fair resolution while maintaining the relationship.

My process involves a thorough evaluation of vendor capabilities, financial stability, and alignment with our business needs. I conduct market research, request proposals, and perform due diligence. I also involve key stakeholders in the decision-making process to ensure the selected vendor meets all requirements and expectations.