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Third-party management is the process whereby companies monitor and manage interactions with all external parties with which it has a relationship. This may include both contractual and non-contractual parties. Third-party management is conducted primarily for the purpose of assessing the ongoing behavior, performance and risk that each third ...
In information technology, a third-party source is a supplier of software (or a computer accessory) which is independent of the supplier and customer of the major computer product (s). In e-commerce, 3rd party (3P) source refers to a seller who publishes products on a marketplace, without this marketplace to own or physically carry those products.
Third-party logistics providers include freight forwarders, courier companies, and other companies integrating and offering subcontracted logistics and transportation services. Hertz and Alfredsson (2003) describe four categories of 3PL providers: [4] Standard 3PL Provider. this is the most basic form of a 3PL provider.
Third-party software component. In computer programming, a third-party software component is a reusable software component developed to be either freely distributed or sold by an entity other than the original vendor of the development platform. The third-party software component market thrives because many programmers believe that component ...
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Vendormate, Inc. is a 3rd-party vendor credentialing firm primarily geared toward the healthcare market, and headquartered in Atlanta, Georgia. Vendormate is retained by other organizations with the need to keep track of and screen their suppliers, vendors, and contractors in a centralized database. When retained by a hospital or other company ...
Vendor-managed inventory (VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor. Under VMI, the retailer shares their inventory data with a vendor (sometimes called supplier) such that the vendor is the decision-maker who determines the ...
Independent software vendor. An independent software vendor (ISV), also known as a software publisher, is an organization specializing in making and selling software, as opposed to computer hardware, [1] designed for mass or niche markets. This is in contrast to in-house software, which is developed by the organization that will use it, or ...