{"id":3503,"date":"2025-03-10T10:09:23","date_gmt":"2025-03-10T09:09:23","guid":{"rendered":"https:\/\/enthec.com\/?p=3503"},"modified":"2025-03-10T10:09:23","modified_gmt":"2025-03-10T09:09:23","slug":"keys-to-supplier-evaluation-how-to-manage-third-parties-in-your-company","status":"publish","type":"post","link":"https:\/\/enthec.com\/en\/keys-to-supplier-evaluation-how-to-manage-third-parties-in-your-company\/","title":{"rendered":"Keys to Supplier Evaluation: How to Manage Third Parties in Your Company"},"content":{"rendered":"

Having reliable suppliers is key to ensuring business success. Whether you work with technology service providers, logistics, or any other area, their performance directly influences the quality of your product or service. In addition, it is also essential to assess the cybersecurity risks associated with third parties within the supplier assessment.<\/strong> <\/p>\n

If you want to ensure that your company works with the best third parties, you need a solid method to select, control, and, very importantly, manage the risks they may pose<\/strong>. With Kartos, you can obtain an accurate risk assessment from potential third parties and assess the maturity of your cybersecurity strategy, all to protect your organization. <\/p>\n

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What is supplier evaluation, and why is it important?<\/h2>\n

Supplier evaluation<\/strong> is when a company analyzes and rates the performance of the third parties with which it works.<\/p>\n

It’s not just about choosing suppliers but also about regularly reviewing their performance to ensure they meet the quality, cost, and deadline standards you need,<\/strong> among other things. However, we must not forget that effective supplier management is not complete without a cybersecurity analysis since each supplier is a possible entry point for external threats. <\/p>\n

If a supplier doesn’t meet expectations, it can lead to delays, increase costs, or even affect your company’s reputation. Therefore, a good evaluation system helps to:<\/strong> <\/p>\n