Remove Due Diligence Remove Request for Information Remove Risk Mitigation
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Mastering the Art of Vendor Selection: A Friendly Guide

Nanonets

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance.   Risk mitigation : Thorough   vendor evaluation   and ongoing monitoring can minimize the risks associated with disruptions, delays, or subpar product or service quality.

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How The Age Of Bots, Fake News Taints The Buyer-Supplier Relationship

PYMNTS

Know Your Customer (KYC) regulations are tightening, but due diligence goes both ways in the buyer-supplier relationship, leading to a rise in Know Your Supplier efforts, too. The risks for buyers and suppliers when doing business with each other are vast. This isn’t a simple game of speed dating, though. .”

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