Sign up to save your podcasts
Or
Share Episode 10 - Vendor Management Strategy with Launa Lawhorn - Impact Leadership Institute
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Episode 10 - Vendor Management Strategy with Launa Lawhorn - Impact Leadership Institute
I’ve spent the last 10 years in an industry where the companies outsource many of their non-core functions. I’ve spent it, however, on the “other side” of the equation. That is, I've been the vendor trying to get business from large companies. I’ve been the one calling on sourcing and working with vendor management groups. It’s been a fun ride, and I’ve learned a lot along the way. In this episode, we will focus on how a company can improve its chances of winning big contracts.
Launa Lawhorn of Impact Leadership Institute (and former Baylor Executive MBA Classmate of mine) will walk us through the vendor management life cycle from both sides of the equation - the vendor management side and the vendor side. Launa recently posted a series on LinkedIn and she began with, “I am passionate about the vendor management lifecycle because when done right businesses will reduce costs, minimize risks, and improve the quality of services received.”
Because of her passion, she will walk us through the following questions:
What happens to a company if a company does not have the right vendor management strategies in place?
From a strategic standpoint, how can a company maximize its vendor management relationships?
What size does the company need to be to have a dedicated “Vendor Management Group”?
What should the vendors be doing to firm up their finances, technology, operations and reputation in order to work with companies that outsource and manage the relationships with vendor management groups?
View all episodes
By Collin Harbour
5
11 ratings
I’ve spent the last 10 years in an industry where the companies outsource many of their non-core functions. I’ve spent it, however, on the “other side” of the equation. That is, I've been the vendor trying to get business from large companies. I’ve been the one calling on sourcing and working with vendor management groups. It’s been a fun ride, and I’ve learned a lot along the way. In this episode, we will focus on how a company can improve its chances of winning big contracts.
Launa Lawhorn of Impact Leadership Institute (and former Baylor Executive MBA Classmate of mine) will walk us through the vendor management life cycle from both sides of the equation - the vendor management side and the vendor side. Launa recently posted a series on LinkedIn and she began with, “I am passionate about the vendor management lifecycle because when done right businesses will reduce costs, minimize risks, and improve the quality of services received.”
Because of her passion, she will walk us through the following questions:
What happens to a company if a company does not have the right vendor management strategies in place?
From a strategic standpoint, how can a company maximize its vendor management relationships?
What size does the company need to be to have a dedicated “Vendor Management Group”?
What should the vendors be doing to firm up their finances, technology, operations and reputation in order to work with companies that outsource and manage the relationships with vendor management groups?