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
The Continuing Evolution from Procurement to Vendor Management
Learn how procurement technologies can mean greater efficiency and heightened visibility for your organization.
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Third-Party Risk
GDPR 101 and its Impact on Vendor Management
The new GDPR is in effect. Get the skinny on what it’s all about and the additional responsibilities you’re going to have for managing your ...
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Vendor Lifecycle Management
The Need to Rethink Vendors: Vendor Management 101
New to Vendor Management? Listen to our latest podcast to get a 101 and hear why vendor management is growing in adoption.
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Procurement Management
Request for Proposal vs. Quote vs. Information – Which One to Use?
In the competitive solicitation process there are three types of requests that most companies use. Here’s a rundown of each and guidance on when to ...
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Third-Party Risk
Four Steps to Conducting an Impactful Third Party Risk Assessment
Third party risk assessments are critical as vendors become more intertwined in operations. Here’s a four-step process for assessing risk the right way.
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Procurement Management
Sourcing & Procurement – Key Components of Your Vendor Management Program
Strategic sourcing and procurement are complementary functions. Learn why it’s important that your vendor management program incorporates both.
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Third-Party Risk
Seven Tips for a Successful Vendor Due Diligence Process
Conducting the right level of vendor due diligence is a hot topic in vendor risk management. Here are seven tips for doing it effectively.
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Contract Management
Nine Contract Provisions that Mitigate Vendor Risk
Negotiating the right provisions in contracts is critical to mitigating and managing vendor risks. Here are nine you’ll want to be sure to address.
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Third-Party Risk
These Vendor Risks Are Keeping Senior Executives Up at Night
Risk, compliance and vendor management professionals share their thoughts on some of the ongoing and emerging vendor risks that keep them up at night.
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