Meaning ● Agile Vendor Management, within the context of SMB operations, represents a strategic shift toward flexible, collaborative partnerships with external suppliers. Tailored for SMB growth, automation, and streamlined implementation, it prioritizes iterative development and continuous improvement. It involves shorter contract cycles to accommodate rapid shifts in business needs and technological advancements. Consequently, SMBs leverage Agile Vendor Management to foster innovation and competitive advantage, ensuring vendors are aligned with their dynamic operational cadence.
