Vendor relationship management is a process focused on overseeing relationships with third-party vendors. https://www.upguard.com/product/vendorrisk>What is Vendor Relationship Management?
Vendor relationship management applies those same practices to the relationship between an organization and its vendors.
Vendor Relationship Management vs. Vendor Risk Management https://www.upguard.com/blog/vendor-risk-management is the process of managing and monitoring security risks resulting from third-party vendors, IT suppliers, and cloud solutions.
When vendor relationship management includes strategic vendor risk management strategies, the result is comprehensive https://www.upguard.com/blog/cyber-security between organizations and vendors.