Alsbridge introduces vendor management assessment tool

Alsbridge, Inc., has launched a free self-assessment tool to allow enterprise clients to evaluate their vendor management and governance maturity levels, the company said.

The new offering is integral to Alsbridge´s business strategy of offering a full complement of client services.

The company said as businesses face pressure to oversee multi-vendor sourcing models and ensure collaboration and coordination among provders, they often struggle to assess their vendor management capabilities. The tool can function as a starting point for vendor management teams to help them identify areas of strength, expose gaps and chart an improvement plan.

The assessment tool comprises six vendor management categories: contract, financial, performance, relationship, risk and general strategy.

Alsbridge is a management consulting firm that offers global sourcing, benchmarking and transformation advisory firm.