Enterprise Risk Management vs Vendor Management
Aren't they the same thing?
We are often asked "Is there a difference between Enterprise Risk Management (ERM) and Vendor Management?"
So, in order to help you explain to your team how they overlap (but are certainly not the same), we've put together a handy infographic.
Download the infographic for:
- The definitions of ERM and vendor management
- How vendor risk fits into ERM
- Frequently mentioned areas of ERM that you should know