The term “vendor” is used to describe individuals or businesses providing products or services to companies or other organizations. It can also refer to those who sell goods or services specifically to wedding parties or at events. Large organizations may have contracts with multiple vendors or suppliers, ranging from technology products or mechanical parts to food or cleaning services. The product or service provided is less important than the type of partnership between a vendor and customer.

Depending on the industry and specific situation, there may be a vendor contract that documents the scope of work along with details about products or services provided, payment, and other terms and conditions to create a legally binding agreement. A vendor contract provides legal protection for both parties and reduces the chances of any misunderstanding or conflict by defining clear expectations, rules, and regulations.

To help streamline your vendor management process, below you’ll find a variety of free vendor forms and templates. Template format options include Microsoft Excel and Word as well as PDF forms. You can customize and print all of the templates, and all are free to download. These forms offer a simple alternative for businesses that don’t need to rely on vendor management software or other advanced tools. Choose from vendor contract templates, vendor scorecards, templates for weddings and food vendors, registration forms, and vendor lists.

Vendor Agreement Templates

RFP Vendor Template - Excel

 

RFP Vendor Template

Download RFP Vendor Template - Excel

Use this request for proposal (RFP) with a current supplier or new vendor. Request form templates allow companies to specify the requirements for a project and expectations for vendor proposals. Providing vendors with a thorough RFP can help foster a successful relationship from the start.

Vendor Registration Form Template - Excel

 

Vendor Registration Form Template

Download Vendor Registration Form Template - Excel

Once you have selected a new vendor, you can use this registration form template for internal documentation or as an application form. You can edit this template to include whatever details are pertinent to your organization, industry, or type of vendor.

Vendor Contract Template - Excel

 

Vendor Contract Template

Download Vendor Contract Template - Excel

Whether you’re an event planner or a manager at a large corporation, you can use vendor contracts to outline terms and conditions and provide clear documentation to both vendors and customers. This PDF template has common elements found in vendor contracts, including the scope of services to be completed, a work timeline, payment terms, and other information.

Vendor Change Order Template - Excel

 

Vendor Change Order Template

Download Vendor Change Order Template - Excel

If you need to submit a change order to a vendor, this template allows you to create a comprehensive request that you can combine with supporting documentation if needed. Provide details on the reasons for the change, revised terms for timing and payment, and any other essential information. This Excel template performs automatic calculations to help you determine costs.

Food Vendor Application Template

 

Food Vendor Application Template

Download Food Vendor Application Template

Excel | PDF

Restaurant and food vendors are common fixtures at festivals and other events. This vendor application form template includes basic registration info and you can modify it to include rules and regulations, licensing requirements, or other details. Providing a simple form to potential vendors can help streamline the application process.

Vendor Assessment and Scorecard Template - Excel

 

Vendor Scorecard Template

Download Vendor Assessment and Scorecard Template - Excel

This scorecard is designed to function as a vendor selection template. Once you’ve gathered your data and compiled it into the spreadsheet, you can use the scoring system to compare vendor performance and select vendors accordingly. You can also use this scorecard template to compare current vendors or to evaluate a single supplier. Easily edit the criteria checklist to match your business needs.

Vendor Comparison Template - Excel

 

Vendor Comparison Template

Download Vendor Comparison Template

Excel | PDF

This vendor comparison spreadsheet allows you to easily compare multiple vendors based on business attributes or whatever criteria you choose. This is a simple way of compiling background information and current statistics for each vendor.

Vendor Evaluation Template

 

Vendor Evaluation Template

Download Vendor Evaluation Template

Excel | WORD

Focusing on the evaluation process, this scorecard template includes sections for noting observations and corrective actions. Compiling this information in one place makes it easy to combine written descriptions with the numbered scoring system. There is also room for vendors to include their own comments about the performance review.

Vendor Risk Assessment Template - Excel

 

Vendor Risk Assessment Template

Download Vendor Risk Assessment Template - Excel

A vendor risk assessment can help you determine what risks might be present when working with a particular vendor. By identifying these risks, you can find out whether the vendor is able to remove them, monitor unresolvable risks, and decide whether your company wants to work with a vendor based on the level of risk involved. This risk review template presents a series of questions that you can adjust to suit your specific situation.

For additional free resources, visit "Free Vendor Risk Assessment Templates."

Vendor Contact List Template - Excel

 

Vendor Contact List Template

Download Vendor Contact List Template - Excel

This blank vendor list template provides sections for contact information as well as other company or product details. You can choose to keep track of performance reviews, current scores, contract dates, and more, creating a master vendor list template that serves as a comprehensive reference.

Vendor Price List Template - Excel

 

Vendor Price List Template

Download Vendor Price List Template - Excel

You can use this price list template to keep track of pricing for one supplier or compare multiple vendors. Use this simple spreadsheet template to evaluate prices based on the quantity of items to be purchased. If you want to compare costs for services rather than products, you can enter hourly rates or other pricing structures rather than cost per item.

Approved Vendor List Template - Excel

 

Approved Vendor List Template

Download Approved Vendor List Template - Excel

Once you have qualified vendors, use this template to create an approved vendor list with essential contact information. This information can boost efficiency by having all your approved vendors on one list with updated contacts for easy communication. Another option is to use this template to create a preferred vendor list, on which you only include your top vendors.

Wedding Vendor List Template

 

Wedding Vendor List Template

Download Wedding Vendor List Template

Excel   |   WORD   |   PDF

Keep track of wedding vendors with this contact list template. You can include vendors for catering, photography, venue, flowers, wedding coordination, and any other categories needed. You can also add notes about each vendor in case you need reminders about pricing, availability, or other details. Having an organized wedding vendor list can help you manage large or small events with greater ease.

Evaluating Your Vendor Relationships

Companies working with or choosing between multiple vendors may use scorecards to compare and rate the performance of each one. A vendor scorecard lists criteria for measuring performance and uses a weighted scoring system to evaluate the results.

The scorecard evaluation process involves defining the ideal vendor characteristics or requirements based on your business needs, choosing performance metrics that are measurable, weighting the metrics based on importance, and using the metrics to assign a score to each vendor. This is an opportunity to communicate with suppliers about why you are evaluating them, what you want, and what you hope to achieve. This may encourage positive competition among vendors and provide incentive for improvements.

You can also solicit feedback about how your business can improve as a customer to create a better working relationship. Read Vendor Management 101: The Definitive Guide to Manage Vendor Relationships for more tips on how to master your vendor experience. 

One of the benefits of tracking and managing vendor performance is the creation of a list of reliable suppliers. A vendor list compiles contact information and other details for reference, which makes it easy to find a particular vendor and efficiently move through the purchase process. Maintaining a master list of preferred vendors can help managers stay organized and save time, but maintaining is the key word. One of the potential drawbacks of having a master vendor list is continuing to work with suppliers without paying proper attention to ongoing performance. It’s important to evaluate vendors on a regular basis to maintain successful relationships as your business needs grow and change.

One Tool for Successful Vendor Management

When working with multiple vendors it’s essential that nothing falls through the cracks. That’s why having the right processes and tools in place is important to successful vendor management. One such tool is Smartsheet, a work management and automation platform that enables enterprises and teams to work better. 

Its customizable, familiar spreadsheet interface and powerful collaboration features enable you to streamline project and process management, and ensure everyone is kept in the loop. Plus, you can use Smartsheet’s vendor management template to store vendor information and simultaneously view and manage multiple vendor relationships.

Visually track progress with one of many views - Grid, Gantt, Calendar, and Card - and quickly assign team members to manage specific tasks or vendors. Vendor managers will appreciate the real-time notifications and email alerts that keep the team informed and up to date, and with Smartsheet’s mobile app, vendors or team members can easily access key details from anywhere, on any device.

Smartsheet for Vendor Management in Action

Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change. 

The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed. 

When teams have clarity into the work getting done, there’s no telling how much more they can accomplish in the same amount of time. Try Smartsheet for free, today.

 

 

 

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