Selection and management of providers/suppliers

Selection and management of providers/suppliers is a critical function of any organization. The goal is to select and manage providers that are able to deliver quality goods and services at a competitive price. There are a number of factors to consider when selecting and managing providers/suppliers.

• (1) Give feedback

  after your event is over, take the time to provide feedback to your vendors on their performance.

• (2) Define your event requirements

  what kind of event are you planning, and what specific vendor services do you need?

• (3) Research potential vendors

  get recommendations from friends or event planners, search online directories, or attend industry events.

• (4) Compare proposals

  evaluate each proposal based on your event needs and budget to narrow down your choices.