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Making the Connection
book

Making the Connection

by Peter Sammons
May 2024
Intermediate to advanced content levelIntermediate to advanced
282 pages
6h 3m
English
Business Expert Press
Content preview from Making the Connection

CHAPTER 19

What Is Third-Party Management?

Outline Definition

Whether public or private sector, organizations today rely increasingly on third parties to deliver mission-critical goods or services. In the United States, “third-party management” tends to be considered as simply tactical suppliers, so the term is underutilized and underleveraged there. The management of tactical suppliers in United States is considered to be essentially a software question, with software products supporting contract management disciplines.

In Europe, the concept of third-party management is more nuanced, emerging from the schools of risk management and compliance. Here, third parties are considered to be any organization with which our company has a contractual ...

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Publisher Resources

ISBN: 9781637425992