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Your Guide to Vendor Management

Motivation Excellence

But what about vendors? Problems with a vendor can disrupt even the most well-structured of businesses, and that kind of disruption stresses your employees and often spells disaster for your clients. To avoid this particular domino effect, you need to manage your vendors well. A Vendor Management Definition.

Vendor 130
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10x Your Next Conference: Why Now, More Than Ever, You Should Use Holistic Procurement Methodology

Smart Meetings

A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations. Hopefully, this will act as a steppingstone for strategic conversations with suppliers and vendors. Step 6: Meeting Logistics Plan and On-site Execution Blueprint Flawless execution is every meeting planner’s dream.

MICE professionals

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How DMCs Can Help You Manage the Unexpected

ADMEI

Even the most meticulously planned events can fall prey to natural disasters, a pandemic, vendor cancellations, and keynote speaker travel delays. Will travel routes be affected? Contracts : Are your contracts with venues and vendors solid? Do your vendors and venues have emergency plans? Is another expected?

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What is a DMC and How Does It Benefit Me?

ADMEI

A Destination Management Company is officially defined as a professional services company possessing extensive local knowledge, expertise, and resources, specializing in the design and implementation of events, activities, tours, transportation, and program logistics. Oftentimes, it’s easier to deal with one person vs. twelve.

Benefits 191
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The Complete Guide to Creating a Budget for an Event

Eventtia

By identifying these potential pitfalls in advance, organizers can take preventive measures by reallocating funds, renegotiating with vendors, or adjusting event components to fit within the budget. Similarly, a previously available service or product might become scarce, requiring a vendor change or strategy.

Vendor 117
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The Top 10 Post-event Analysis Mistakes to Avoid 

Bizzaboo

Forgetting About Logistical Challenges Forgetting about logistical challenges during post-event analysis prevents you from identifying inefficiencies that can negatively impact future events. Addressing these sorts of challenges is critical when it comes to improving event planning, execution, and the overall attendee experience.

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Bounce Back Stronger: Analyzing and Learning from Event Failures

Bizzaboo

The Top Reasons for Event Failures with Prevention Strategies Event planning is a multifaceted endeavor, encompassing everything from logistical coordination to marketing. Prevention strategy: Start with a detailed plan covering every event aspect, from timelines and venue selection to vendor contracts and emergency plans.

Logistics 103