There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
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There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
Collaboration with vendor owners involves a lot of day-to-day activities, spanning across the three stages of the third-party risk management lifecycle. This podcast outlines useful tips that can improve collaboration between your third-party risk management team and your vendor owner.
Third-Party Risk Education
There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
