Vendor Management Process Documents are essential for any business that uses third party resources. They provide a detailed framework for finding, evaluating, and maintaining relationships with external vendors who supply goods and services. These documents are designed to be flexible and help organizations improve their performance and streamline their processes. By outlining standards, expectations, and objectives, Vendor Management Process Documents ensure that businesses get the most out of the resources they choose to utilize. When executed properly, they can help organizations find quality vendors while ensuring they receive the best value for their money.