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Confirms that the vendor is fulfilling the terms of the contract and delivering value in the relationship. Performance management is most effective when it's measured against the contract. Ensuring vendors meet specific contractual agreements and that performance is within established thresholds is a best practice. 3 Reasons Why and How to Measure Vendor Performance - Venminder Venminder https://.venminder.com › blog › 3-reasons-why-and... Venminder https://.venminder.com › blog › 3-reasons-why-and...
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