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Top 10 Vendor Management Trends to Watch in 2024

The vendor management landscape is evolving at an unprecedented pace, driven by mounting pressures from customers, boards, and regulators demanding more robust practices and oversight. Meanwhile, as economic uncertainty remains, senior management is on the lookout for strategies to extract greater value and reduce risk from vendor relationships.

This infographic dives into the ten trends shaping the vendor management landscape in 2024. From the adoption of AI and process automation, to the need for upskilling to meet evolving demands, discover the trends you’ll want to keep an eye on to stay ahead of the curve.