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.
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...
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...
- All
- Contract Management
- Procurement Management
- Technologies & Tools
- Third-Party Risk
- Vendor Lifecycle Management
- All
- Contract Management
- Procurement Management
- Technologies & Tools
- Third-Party Risk
- Vendor Lifecycle Management
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 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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Vendor Lifecycle Management
7 Tips for Driving Vendor Management Program Adoption
A formalized vendor management program is essential to gaining control over how your organization selects, monitors, and works with third-party ...
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Vendor Lifecycle Management
What is the Role of the Vendor Management Office (VMO)?
Let’s face it — vendor management can get messy fast. You’ve got multiple departments working with multiple vendors, each with ...
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Vendor Lifecycle Management
How to Develop a Strategic Vendor Management Framework
Vendor lifecycle management activities are siloed in most organizations, leading to poor coordination and collaboration across procurement, risk, legal, compliance, ...
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