The Role of Third-Party Vendor Management in Multi-Vendor Program Environments

In today’s complex business ecosystems, organizations often engage with multiple vendors simultaneously to meet diverse operational needs. This approach, known as a multi-vendor program environment, allows companies to leverage specialized expertise, access competitive pricing, and reduce dependency on a single supplier. However, managing a network of vendors introduces significant challenges, making third-party vendor management crucial for success.

https://www.diveboard.com/beac....oner/posts/the-role-