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 ...

As the entire industry is facing the shift to a more formalized reporting system for environmental, social, and governance (ESG) programs, the most important components of the programs can no longer ...

We recently dove into what vendor risk and vendor risk management entails. Once you understand that this is the risk that results from vendors, it’s simple to extend this and establish that vendor ...

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 ...

In this day and age, any healthcare provider organization could be the next victim of a cybersecurity breach. Unfortunately, countless organizations have experienced data breaches by a third party, ...

Can you truthfully answer the question, “Is vendor management truly important to you and your organization?" This came up as I was speaking to a friend of mine a few weeks ago who is a senior ...

A vendor management organization (VMO) may go by a lot of different names and may exist in any number of different organizational structures within a company, but one thing is for sure, it rarely has ...

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 ...

Since 2022, Stampli customers have deployed Advanced Vendor Management to support sophisticated vendor onboarding and ...

A supplier modification may be categorized as a change to the supplier name or Tax ID, supplier address, the addition of another address, or the reactivation of an address. Each supplier modification ...