Creating Efficient Vendor Management Systems | Using Construction Procurement Software to Enhance Your Workflows

(00:00:00) An Intro to Vendor Management
(00:01:23) Bad Vendor Management
(00:02:46) Good Vendor Management
(00:03:55) Good, Better, Best
(00:05:17) The Takeaway

There’s one thing in construction that is critical to every project, but often overlooked: vendor management.
How you manage your materials, data, and vendor information directly impacts efficiency. Eric Helitzer breaks down what separates strong vendor management systems from ineffective ones. He gives a practical framework to build a system that fits into your workflow and enhances your team’s efficiency.
Vendors shouldn’t be an afterthought in construction. The work they do is crucial to every step of a project’s lifespan. This episode encourages contractors to integrate vendors into every step of the process as part of adapting a better management system. Faster procurement is in your reach; you just need the right systems in place.

Chapters
[Start] An Intro to Vendor Management: Eric explains why vendors should be treated as part of your team.
01:23 Bad Vendor Management: Common problems caused by poor vendor management systems.
02:46 Good Vendor Management: What defines a strong vendor management system, and the benefits of having one.
03:55 Good, Better, Best: How to become a top-performing team, rather than just a good one.
05:17 The Takeaway: A recap of why a strong vendor management system improves your company's workflow.

Links and Resources

• SubBase Website
• Eric Helitzer on LinkedIn
• Managing Vendors with Construction Procurement Software

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