Why should you define a core set of processes for your Vendor Management Office (VMO) / Supplier Management Office? Nick Francis, Co-founder and CTMO of Brooklyn Vendor Assurance, shares 15 years worth of expertise and explains how defining a core set of processes for your VMO could:

• Increase consistency
• Increase quality
• Increase clarity
• Increase regulatory compliance (internal and external
• Reduce risk / chance of failure
• Increase efficiency and effectiveness
• Simplify and streamline your processes
• Help define benchmarks
• Advice implementation