Is vendor management different from employee management? Enumerat… - Vidyadip

Question

Is vendor management different from employee management? Enumerate.

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Answer

Yes, vendor management is different from employee management.Differences between vendor management and employee management are:
Relationships with suppliers of goods and relationships between various employees services of a business in an organisation.
It is initiated and managed by purchase it is initiated and managed by human department resource department.

Basis	Vendor management	Employee management
Meaning	Vendor management means building relationships with suppliers of goods and services of a business.	Employees management means building relationships between various employses in an organisation.
Managed by	It is initiated and managed by purchase department.	It is initiated and managed by human resource department.

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