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 ...

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 ...

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 ...

Vendor Management Excellence Award – Awarded to the PaymentWorks customer organization that has shown a thorough respect for the importance of vendor management by providing the tools, the process, ...

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 ...

A lawyer has an obligation to "not reveal information relating to representation of a client" except under certain limited circumstances. RPC 1.6. In Opinion 701, the Supreme Court of New Jersey's ...

Historically, organizations have relied on static risk assessments and due diligence processes to evaluate their suppliers. This involves vetting vendors using questionnaires, compliance audits, 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 ...