Gartner Research

Outsourcing Lessons Learned: Regularly Assess Vendor Risk

Published: 25 May 2010

ID: G00175394

Analyst(s): Christopher Ambrose , Linda Cohen

Summary

After the vendor selection phase, few organizations regularly assess vendor risk, even though they should, especially when working with strategic vendors and during challenging economic times. Use this research to develop an ongoing and appropriate risk assessment program for vendors.

Table Of Contents
  • Overview
  • Why Organizations Fail to Perform Ongoing Vendor Risk Management
  • Watch for Early Warning Signs
  • Classify Your Vendors
  • Vary Vendor Management and Risk Assessments According to Risk Exposure
  • Identify Viability Factors
  • Collect and Analyze Vendor and Market Financial Data
  • Check the Health of Your Vendor's Ecosystem
  • Tactical Guidelines

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