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
Procurement Management
19 Best Practices to Manage Business Continuity with Critical Vendors
Planning for business continuity with critical vendors has been an area of focus for many third-party risk management professionals as ...
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Technologies & Tools
Use a Vendor Management System to Manage Risks during Uncertain Times
Now more than ever, managing risk is top of mind. A vendor management system can help you locate key vendor information, right when you needed ...
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Third-Party Risk
Reduce Supply Chain Disruptions with Continuous Vendor Management
Maintaining critical information about your vendors will allow your company to reduce supply chain disruptions when unplanned events occur.
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Third-Party Risk
Support Business Continuity by Centralizing Key Vendor Data
Maintaining current data on key vendors is required for effective business continuity management. Here are seven categories of data you should be tracking.
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Vendor Lifecycle Management
6 Foundational Elements You Need to Incorporate in Your Vendor Management Program
Regardless of whether you are trying to establish a new Vendor Management Program (VMP), or mature an existing one, you ...
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Vendor Lifecycle Management
NYDFS Cybersecurity Regulation Part 500 Recap
As there are a number of regulations that every company needs to be mindful of, especially if you operate in the financial services industry, it ...
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Third-Party Risk
8 Best Practices for Successful Vendor Risk Assessments
Risk assessments are a critical step to vetting vendors and other third parties, and to provide ongoing monitoring of relationships ...
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Third-Party Risk
3 Tips to Improve Your Third-Party Cybersecurity Program
As third-party cybersecurity risk continues to plague most companies, here are 3 Tips to make improvements to your third-party cybersecurity program to mitigate risk and ...
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Contract Management
6 Items To Consider When Off-boarding A Vendor
One of your third-party vendor relationships is coming to a close. Regardless of whether the agreement you had with the ...
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