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
Contract Management
Questions to Ask When Preparing a SOW
The Statement of Work (or SOW) is one of the most important documents you will develop during your relationship with ...
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Procurement Management
Use Your RFP Process to Reduce Third-Party Risk
A good RFP helps you flush out potential vendor risks early in the evaluation process. Here’s how you can make your RFP an effective risk ...
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Vendor Lifecycle Management
Rethinking Vendors Has Always Been in Style at Zappos
Zappos leverages the power of great vendor relationships to create phenomenal results. Check out their approach to ‘rethinking vendors’
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Procurement Management
Understanding Critical Procurement KPIs
First, we need to differentiate metrics and KPIs. While they’re often used interchangeably, these two terms are distinct in how they should be used.
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Procurement Management
The Benefits of Supplier Diversity in Procurement
Now more than ever before it is a smart move to balance your third-party/supplier portfolio with a healthy mix of these diverse businesses.
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Procurement Management
The Do’s and Don’ts of Presenting Procurement’s Data
Want to make an impact and foster a new sense of collaboration? Check out these best (and worst) practices for reporting on Procurement’s efforts.
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Contract Management
6 Best Practices for Using Nondisclosure Agreements During the Procurement Process
Are you protecting your organization’s nonpublic information during the procurement process? These NDA best practices will point you in the right direction
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Procurement Management
How to Perform a Procurement Excellence Assessment
Learn how to review your procurement system and get a modern, scalable set of policies, processes and systems for your procurement operations.
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Third-Party Risk
Getting Ready for NYDFS Phase 4 Compliance Certification
Phase 4 of the NYDFS cyber regulation went into effect in March 2019. These guidelines ensure your third-party management program complies with this final phase.
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