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 ...

Both Dana Gangemi, senior manager of contracts and vendors at NYU, and Bill Koffenberger, director of service and contract management in GW's division of IT, consider contract management a "leading ...

Historically, vendor management teams built strong skill sets in acquiring services at low/competitive unit-cost prices and measuring vendor performance. But the world changed, and there is a growing ...

TOM FIELD: So, we talked about vendor management about two years ago, when you worked with us on a webinar. Since then, the vendor management guidance hasn't changed, necessarily, but the technology ...

Despite advances over the past five years, IT vendor risk management is still done haphazardly and relies on static paper-based audits. One of the fundamental best practices of cyber supply chain ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ITM VRM 3.6 was developed through extensive work with some of the world's ...

Synergies across assets-intellectual property, people and process-of two companies are an “enabler” for a strong alliance. With skillful leadership and vision, a partnership can evolve to benefit both ...

Many articles and conference presentations focus on how to choose IT vendors, what to include in contracts and the need for oversight of these vendors after the contract is signed. Because of the ...

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Vendor relationship management is critical ...

Vendor risk management (VRM), or third-party risk management, is the management, monitoring, and evaluation of risks that result from third-party vendors and suppliers of products and services. It’s a ...

IT assets are software, hardware or cloud resources that help businesses run their operations. Managing these assets efficiently is crucial for optimizing productivity, reducing costs and ensuring ...