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
Understanding the Differences Between RFQs and RFPs
Determining what type of solicitation tool to use can be confusing. Do you use an RFQ or an RFP? What is the difference between the ...
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Procurement Management
Create a Roadmap to Mature Your Vendor Management Program
Establishing a VMP is a difficult task to tackle, but can be simplified by thinking about the big picture and creating a maturity roadmap that ...
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Third-Party Risk
Six important risks to manage with your vendors
Risk mitigation is a driving factor in every vendor management program. Be sure to incorporate these six areas of risk in yours.
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Third-Party Risk
The government is worried about your vendors getting hacked, are you?
The Federal government has launched a public awareness campaign urging all types of U.S. businesses to better defend themselves against online attackers
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Third-Party Risk
The Evolving Suite of SOCs
Wondering what the new SOC for Vendor Supply Chains is? Confused between SOC, SSAE, and SAS? Let us explain the evolution of these reports.
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Vendor Lifecycle Management
Vendor Management Best Practice #1: Adopt a Lifecycle Approach
In our latest webinar, Vendor Centric Founder and CEO Tom Rogers, VendorRisk Founder and Partner Gavin Mac Carthy, and Cohnreznick ...
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Third-Party Risk
The 4 W’s of SOC for Cybersecurity
In response to a chaotic decade of data breaches and incongruity, the AICPA has added a cybersecurity-focused framework to its arsenal of SOC examinations.
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Vendor Lifecycle Management
SOC Reports & Vendor Management: Easy as 1, 2, 3
A SOC report is one of the most useful vendor management tools there is, and the best part is, you don’t have to make it ...
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Third-Party Risk
How and Why to Track Incidents with Your Vendors
Left untouched, vendor incidents can be detrimental to your business. Managed properly, they can actually benefit you in the long run.
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