Vendor Centric Blog

Our blog provides practical advice for optimizing relationships with vendors and other third parties. Learn about best practices in procurement, contract management, third-party risk and much more.

what is vendor management

What is Vendor Management?

If you’re finding it difficult to find a clear and succinct definition of vendor management, you’re not alone. With so much written about vendor management technology, there hasn’t been enough focus on the discipline itself. This blog provides a succinct, modern definition of vendor management, along with an overview of the practices and infrastructure necessary to support a well-run vendor management function...
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what is vendor management

What is Vendor Management?

If you’re finding it difficult to find a clear and succinct definition of vendor management, you’re not alone. With so much written about vendor management technology, there hasn’t been enough focus on the discipline itself. This blog provides a succinct, modern definition of vendor management, along with an overview of the practices and infrastructure necessary to support a well-run vendor management function...
Read More
  • All
  • Contract Management
  • Procurement Management
  • Technologies & Tools
  • Third-Party Risk
  • Vendor Lifecycle Management
All
  • All
  • Contract Management
  • Procurement Management
  • Technologies & Tools
  • Third-Party Risk
  • Vendor Lifecycle Management
Contract Management

How to Use Contracts to Reduce Risk with Your Most Critical Vendors

At Vendor Centric, I’ve helped organizations across industries to strengthen their vendor management practices; from designing policies and programs to ...
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Vendor Lifecycle Management

Eight Ways to Engage Vendor Management Stakeholders to Improve Compliance

Getting people to follow vendor management policies and procedures is one of the toughest parts of the job. You can ...
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Technologies & Tools

Getting Started with AI in Vendor Management

AI has finally arrived in vendor management. After years of speculation, 2025 is proving to be a turning point as ...
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Technologies & Tools

Before Buying TPRM Software, Do These Two Things to Ensure Success

There’s no question that third-party risk management (TPRM) software has come a long way. Today’s platforms are powerful, offering automation, ...
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contract lifecycle management software
Contract Management

Top Features to Look for in Contract Lifecycle Management Software

Contract Lifecycle Management (CLM) has become increasingly popular among organizations of all sizes, as it supports consistent, efficient management of ...
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Vendor Lifecycle Management

5 Ways to Breathe Life Into Your Vendor Management Program

Even well-designed vendor management programs can start to lose steam. Employee turnover, fading interest, and inconsistent communications can leave the ...
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Vendor Lifecycle Management

How to Build a Business Case and Secure Funding for Your Vendor Management Project

Getting funding for a vendor management project can feel like an uphill battle. You’re competing with countless other departments, each ...
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Vendor Lifecycle Management

Communication Strategies to Drive Vendor Management Adoption: A Practical Guide

Even the best designed vendor management programs can struggle if stakeholders aren’t engaged. Driving adoption requires many things — strong ...
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Vendor Lifecycle Management

Vendor Management Governance: The Fuel for Performance & Continuous Improvement

If you’re leading a Vendor Management Office (VMO), you already know how much effort goes into building the infrastructure — ...
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