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 ...

AUSTIN (KXAN) – A KXAN investigation found the Texas Department of Transportation failed multiple times to submit performance reports for companies doing critical work on its tollway system and other ...

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 ...

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 ...

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 ...

Brex reports nine strategies for effective vendor negotiations, emphasizing preparation, relationship-building, and post-negotiation follow-up for success.

Companies often work with multiple vendors to supply their office products, manage their IT, provide software or service their printers. When that’s the case, there’s a lot that can go overlooked.

McDonald’s gave its first technology supplier of the year award to a small point-of-sale vendor that started as a defense contractor. ParTech Inc., in New Hartford, N.Y., beat out more than 100 other ...

Business vendor onboarding is a process that introduces new suppliers to an organization’s systems, policies, and procedures. This step-by-step pathway enables vendors to understand the requirements ...

Lots of vendors support infrastructure performance management (IPM) or application performance management (APM) as defined in our previous postings. At the risk of taking a few arrows, we have ...

Vendors can be broadly categorized based on the nature of their offerings and their relationship to the buying organization: Manufacturers: They are entities that create and sell products they produce ...