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Glossary › Vendor Portfolio Segmentation
What is Vendor Portfolio Segmentation?
Segmentation organizes vendors by categories such as service type, risk tier, regulatory impact, geography, or criticality. In TPRM, this helps allocate resources, streamline assessments, and improve reporting.
FAQs
Why segment the vendor portfolio?
To prioritize oversight effectively.
Can segmentation change over time?
Yes, as vendors evolve.
Does segmentation improve governance?
Yes, by clarifying management focus.
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