Tandem Resource
Vendor management is about managing the risks associated with third-party
service provider relationships. The vendor management lifecycle is
comprised of five phases, including Planning, Due Diligence &
Selection, Contract Management, Ongoing Monitoring, and Termination.
Use this workbook to discover and apply the fundamentals of vendor
management. Each topic will feature educational content, alongside
an interactive worksheet. Use the checkboxes and text fields to answer
a series of questions. Then, use the information you learn to help
you make informed decisions about the vendor.
Companies are increasingly dependent on third parties to provide services. With this increased use of vendors comes the need for increased oversight. Avoid complicated spreadsheets, manually updated calendars, and trying to organize files across network folders. Tandem provides a simplified and streamlined interface, designed to organize your vendor management program.