The Vendor Master File—Where Does It Belong?

By Pam Miller, APMD Who Manages the Vendor Master File? In many organizations the decision as to who should own the file boils down to choosing the department where the fewest problems are likely to result. So to which department does this responsibility typically belong? According to the IOFM 2013 Benchmarking Survey, the winner is AP in most organizations. Purchasing vs. AP The purchasing department is charged with getting the right products—purchased at the right price—to the right place…