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vendormanagement

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Vendor Management

17 Disturbing Statistics Justifying the Vendor Management Imperative

A bleak picture emerges when looking at numbers. It is time for a change. The following 17 statistics show us a bleak picture. The presence of third parties and vendors has increased drastically, including the vendor risk. The vendor risk can be either privacy non-compliance, performance disruption, or a data breach Read more…

By Michael, 2 yearsMarch 16, 2020 ago
Toolkit with many and varied tools
Chief Vendor Officer

A Complete Toolkit for a 360-Degree Vendor Management

A reference guide to the Chief Vendor Officer on existing software tools Vendor Management’s objective is to provide more value to the company via the integration of Vendor products. It happens at different phases: Discovery. Finding the relevant vendors that respond to the company’s needs. Vendor evaluation and selection. Look at Read more…

By Michael, 2 yearsMarch 16, 2020 ago
Chief Vendor Officer

The Surprising Customer Truths Applied to Vendors

Or how fundamental Customer concepts can change our worldview about Vendors “The limits of my language means the limits of my world” — Wittgenstein I am fascinated by bilingualism. Sure, by learning two languages simultaneously, on average, a child starts speaking later. But he or she gets so much in return. Not only Read more…

By Michael, 2 yearsMarch 16, 2020 ago
Standing man holding a book and walking
Chief Vendor Officer

Chief Vendor Officer (CVO) - A Practical Playbook

The CVO playbook for a successful vendor adventure — Part 2 / 2 In the first part, we have seen how the CVO must focus first on the defensive line. Now let’s see how the CVO can create value, be accountable by metrics, and whom the CVO should report to. The Offensive Read more…

By Michael, 2 yearsMarch 16, 2020 ago
Example of startup landscape infographic.
Vendor Economy

The Inevitable Rise of the Vendor Economy

Vendors are the new oil, so be ready to manage them. Increasing landscape infographics of startup vendors is only the first signal.   How do you choose your doctor? I know only two types of people. The ones like me, trusting the system blindly. No research. I just choose according Read more…

By Michael, 4 yearsNovember 21, 2018 ago
Welcome buoy
Chief Data Officer

Welcome the new C-level role: Chief Vendor Officer (CVO)

Vendors are the new oil. And the recent rise of Chief Data Officers (CDOs) could show us the path to how to gain faster from vendors: with a Chief Vendor Officer. Do you remember how we were handling our passwords? We all had our own strategy. Some were using the Read more…

By Michael, 4 yearsNovember 21, 2018 ago
Standing man holding a book and looking on the path
Chief Vendor Officer

Chief Vendor Officer (CVO) -  A Practical Playbook

The CVO playbook for a successful vendor adventure — Part 1 / 2 “Congratulations! You will be our first CVO! Unclear what it means, but you will guess out, right? You start on Monday. By the way, ‘V’ for Vendors.” So, here we are. Monday morning. A bit lost. Where Read more…

By Michael, 4 yearsNovember 21, 2018 ago
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