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 ...

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 ...

Yet the greatest vulnerability lies not only with third-party vendors but also with the organizations that fail to fortify their own defenses and partnerships. Organizations themselves must rethink ...

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 ...

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, ...

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 ...

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 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 ...

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