Vendor Risk Management (VRM)

Category: Risk Management · Abbreviation: VRM

What is Vendor Risk Management?

Process of identifying and mitigating risks associated with third-party vendors providing products or services.

Related terms

• Third Party Risk
• Due Diligence

More Risk Management terms

• Accepted Risk
• Back-testing
• Bowtie Analysis
• Climate Risk
• Country Risk
• Due Diligence

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