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A master vendor file, sometimes called a supplier portfolio, is a complete catalog of an organization’s suppliers and vendors across every department. Master vendor files include data such as vendor contact information, diversity status, Tax ID, corporate hierarchy, spend amount, and more.
Master vendor files are often kept up-to-date by way of data enrichment—a third-party service that helps clean and correct the data of each vendor record.
In a recent Supplier.io webinar, Byron shared wisdom from over two decades of experience, offering actionable insights for procurement leaders striving to build resilient, high-impact programs. Michael Byron: A Legacy Built on Purpose and Performance Michael...
