Vendor Management Organization Structure is an organizational model used to effectively manage vendors and suppliers. It helps businesses maintain relationships with their vendors and suppliers, plan for future operations, and identify potential risks associated with each vendor. In its simplest form, it involves the development of a system for categorizing and assessing vendors, as well as creating a set of standards for measuring performance. Vendor Management Organization Structure encourages collaboration between vendors and supports better decision-making processes for businesses. By implementing this structure, businesses can ensure that they are making informed purchasing decisions, have access to high quality goods and services from reputable vendors, and can effectively monitor their vendors’ performance.