"Your company currently is performing all functions in-house and is now considering creating a VMS. What is true about VMS's

Vendor management system abbreviated VMS is software used by companies in managing staff, temporary and permanent. Among other benefits such as cost monitoring and reduction, vendor performance tracking, process improvement and management, VMS also allows the company outsource and utilize the strengths of others such as utilizing competencies and skills that are not in-house which can be cost effective

jayilych4real jayilych4real · Answer 2 · 2022-03-31T10:52:28+02:00

The true statement about the VMS is that it takes advantage of others' strengths.

What is VMS?

This refers to the vendor management system which is used by corporations to manage their staff and also to monitor costs and improve general processes.

Hence, from the complete question, there are some answer choices and from there we can surmise that the correct answer is that the VMS takes advantage of others' strengths.

This conclusion was gotten because the company is said to be performing all functions in-house and want to create a VMS which would effectively make use of the strengths of others to create an efficient system.