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
Vendor Lifecycle Management
Continuous Third-Party Monitoring: A Key Component to Every TPRM Program
We all know that a business can’t operate in a vacuum. You have to collaborate with vendors, clients, suppliers, specialists, ...
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Third-Party Risk
2020 – The Year of Third-Party Data Monitoring Tools
RiskRecon gets acquired by Mastercard. CyberGRX gets $40 million in Series D funding bringing their total equity financing to $100 ...
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Third-Party Risk
6 Third-Party Risk Management Hot Topics for 2020
As we enter 2020, the current pace of regulatory change is unprecedented. Governments the world over are implementing new regulations ...
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Technologies & Tools
The Emergence of Third-Party Risk Monitoring and Data Intelligence Services
Third-Party Risk Never Sleeps As you consider the evolution of managing the risk associated with your third-party vendors, you can ...
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Procurement Management
4 Ways Procurement Can Change The World, One Buy At A Time
Whether you agree with the cause and effects of climate change or not, there is no doubt that organizations across ...
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Contract Management
How to Write Winning Contracts with Your Vendors
I’ve reviewed and negotiated a lot of vendor contracts and have found that the best ones are clear, complete and mutually ...
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Third-Party Risk
Who’s Considered a Third-Party?
One of the questions I get asked frequently is “who qualifies as a third-party?” It’s a great question because the ...
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Contract Management
A Third-Party Compliance Snapshot for Insurance Companies
New Regulations for Insurers Insurance companies collect and maintain significant amounts of sensitive, nonpublic information. Not surprisingly, they are a ...
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Contract Management
Category Management 101: How To Introduce A Category Management Program
Category Management (CM) can make an otherwise complex and disordered supplier network into a consolidated one that’s easy to navigate. ...
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