To move beyond SLAs to strategic partnerships, IT leaders must develop vendor management practices focused on alignment, collaboration, and maximum value. Vendor partnerships are becoming increasingly ...

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 ...

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 ...

Jack Henry & Associates JKHY introduced the Vendor Management Program to its Governance, Risk and Compliance (GRC) Suite. The Vendor Management Program provides assistance to financial institutions in ...

Selecting the right vendors and properly managing vendor relationships can help protect your company from damages and long-term losses. As more work is outsourced to specialized vendors, companies ...

Service-level credits and incentive models are important tools to help outsourcing clients increase business alignment and enforce service-level achievement. When executed effectively these tools ...

Earl Jornadal has been named first vice president of project and vendor management services by Kearny Bank, the Fairfield-based lender announced Jan. 3. In his new role, Jornadal manages procedures ...

There are signs that inflation is starting to rise in the U.S. economy. With the Covid-19 pandemic starting to fade, the demand for goods and services is rising quickly. There is also the issue of ...

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 ...