Papers & Studies

Partnering With Procurement – Part 1: Supplier/Vendor Lifecycle

This series affirms the value of having Third-Party Risk Management (TPRM) and Procurement/Sourcing actively engaged as partners in vendor management. Part 1: Supplier/Vendor Lifecycle explores the benefits of business units sharing responsibility for vetting, onboarding, monitoring, renewing, and terminating vendors, detailing activities for Procurement and Risk Management within each lifecycle phase.

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