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6 Signs Your Business Needs a vCIO

NexusTek

A popular alternative is a virtual CIO (vCIO), an outsourced resource of expertise, strategic planning, and leadership who works on a part-time or as-needed basis. A vCIO can assist with benchmarking as well as with understanding how various IT spend categories serve your long-term interests (e.g.,

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Four steps to build a more transparent and resilient supply chain through risk management

IBM Business Resiliency

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. You can also extend a measurement system outside your organization as a way to benchmark yourself to other industry leaders. .

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Important KPIs for Successful Vendor Management

Reciprocity

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. Benchmark multiple vendors’ performance. This will give you insight into the vendor’s risk management solutions and its ability to provide the data you need to monitor vendor performance. Cybersecurity.