It is your organizations responsibility to perform vendor due diligence reviews. In some industries (banking and others) it is vital that vendor due diligence reviews are carried out or there could be fines and other sanctions imposed by regulatory bodies. Of course,...
anthonylewisar
Crucial Tips for Third Party Management
In business, one has to take calculated risks to its full potential. However, some of the risks taken have the potential of spelling doom for the business if you do not have a way of mitigating the outcomes. A third party risk management course can equip with you with...
Benefits Of Vendor Relationship Management (VRM) Training
It is important to understand that manufacturers deal with a variety of supplier and vendors. Supply chains have become more complicated in the past few years and continue to grow and expand. Because more companies realize the need to cut consumer prices, they must...
Critical Vendor or Critical FUNCTION?
You have HOW MANY critical vendors?!?!?!?!? While building a vendor management program for a new client a couple of weeks ago, we worked with the various business units to identify the vendors that they do business with, reconcile against the AP system, categorize...
The Perks of Sales Consulting Training
The obvious perks of sales consulting training are increased profits and sales team momentum. A company can choose from many different types of training sessions all based on the needs of their business. A lot of courses are full-day training courses that are designed...