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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > S

Supplier Benchmarking

Benchmarking is an exercise to investigate how a Supplier's services, pricing and other matters compare to equivalent competitors in the market.

It can also be used to measure, collect and track the performance of each of your vendors against their KPIs. 

Gatekeeper allows you to visualise benchmarking data and drive corrective action if poor performance is detected. 

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