Commentary - As 60-70% of an enterprise’s IT budget is spent on hardware, software, and external vendor services, maximizing the value derived from IT vendors is key to delivering efficient IT ...
Often hidden within the supply chains of businesses, most companies use a variety of vendors daily. Third parties are the cogs that keep a business functioning and growing, from managing employees to ...
TOM FIELD: So, we talked about vendor management about two years ago, when you worked with us on a webinar. Since then, the vendor management guidance hasn't changed, necessarily, but the technology ...
Both Dana Gangemi, senior manager of contracts and vendors at NYU, and Bill Koffenberger, director of service and contract management in GW's division of IT, consider contract management a "leading ...
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 ...
Despite advances over the past five years, IT vendor risk management is still done haphazardly and relies on static paper-based audits. One of the fundamental best practices of cyber supply chain ...
The cybersecurity landscape has fundamentally shifted. While organizations pour resources into firewalls, endpoint protection, and employee training, the greatest threats often emerge from an ...
The first three articles in this series focused on the creation an internal environment that would enable a strong culture of privacy and data protection to flourish within the organization. The ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ITM VRM 3.6 was developed through extensive work with some of the world's ...