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 ...

As most organizations rely on multiple third-party vendors, effective management of these relationships has become an increasingly important skill. CIOs in particular face constant demand to implement ...

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 ...

A challenging risk management project that many clients are addressing is vendor management. Ever since the Target breach, when an HVAC vendor’s employee clicked on a phishing email that allowed an ...

It's nearly impossible to govern vendors effectively if you haven't included the appropriate terms and requirements into selection and contracting, says Forrester's Patrick Connaughton. Here, he ...

BPO buyer organizations talk the talk when it comes to governance and include it in their contracts, but many are not walking the walk. Thorough BPO vendor management is inconsistent at best, and this ...

Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease ...

In the pharmaceutical industry, a vendor refers to an external entity or supplier that provides goods, materials, services, or specialized expertise to pharmaceutical companies. These vendors play a ...