Managing external partners has become a critical part of doing business today. As companies expand and rely more on outsourcing, the risks tied to outside vendors grow larger. Businesses can face ...

Often hidden within the supply chains of businesses, most companies use a variety of vendors daily. Third parties are the cogs that keep a business functioning and growing, from managing employees to ...

Vendor management is the process of controlling costs, driving service excellence and mitigating risks to gain increased value from vendors throughout the deal life cycle. This strategy is crucial in ...

Businesses often rely on a network of vendors to support their operations, yet many don’t realize this reliance comes with significant cybersecurity risks. Because of this, strengthening vendor risk ...

Effective vendor management allows organizations to control costs, drive service excellence and mitigate risks to maximize value from their vendors throughout the contract. Strategic IT leaders can ...

“In our analysis, we concluded that there are a common set of initiatives employer-sponsored health plans use within their overall benefits plan strategy to combat their vendor and cost challenges,” ...

The failure to track and manage supplier performance can cause many business issues, especially for companies with large amounts of raw materials and SKU complexity in a global supply chain network.