If there is one thing I’ve learned after so many years dealing with vendor management issues — especially issues dealing with complex legal matters — it’s the longstanding truth expressed in a simple ...

Vendor management and performance are critical in streamlining operational efficiency in the business world. This singular factor could mean the difference between drastically reducing risk and ...

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.

Recently, the world watched as the container ship MV Dali collided with the Francis Scott Key Bridge in Baltimore Harbor. The incident sent shockwaves through global supply chains, once again ...

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 ...

Info-Tech's new blueprint explores the profound transformation of financial and vendor management in the era of Exponential IT, emphasizing its critical role in driving organizational efficiency and ...

Nick Lippis is an enterprise computer networking expert and consultant. He regularly publishes “The Lippis Report” which analyzes current industry trends and interviews strategic vendors. I enjoy his ...

In June 2023, the MOVEit supply chain attack served as a harsh reminder of the vulnerabilities in our software-as-a-service (SaaS) ecosystem. Third-party risk management (TPRM) in today's world of ...

Vendors — from independent artisans to multinational corporations — supply products or services to businesses and individuals alike. In business operations, vendors do more than trade goods for money; ...

Businesses rely heavily on third-party vendors for a wide range of services. This dependence introduces vulnerabilities, as a security breach at a vendor can have cascading effects on your ...