5 VENDOR MANAGEMENT CHALLENGES FACED BY PURCHASING PROFESSIONALS Presented byVendorRegistry.com 2 Share this eBook 5 VENDOR MANAGEMENT CHALLENGES TABLE OF CONTENTS Overview ....................................................................................................................3 Challenges Faced by Purchasing Professionals ............................................... 4 Benefits of Online Vendor Management Systems........................................... 7 How to Evaluate and Select the Right Vendor Management Solution ...... 10O VER VIEW Chances are, you’ve heard at a purchasing association meeting or from a peer in the local government space about solutions that help purchasers manage vendors online. These types of solutions are often wrapped into a larger ERP system,

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