Third-party management glossary

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Reference definitions on third-party lifecycle management, compliance, contractors and procurement. Each term opens with a definition that stands on its own.

• Third-party lifecycle management
• Third-party risk management (TPRM)
• Supplier due diligence
• Beneficial ownership
• Politically exposed person (PEP)
• Restricted-party screening
• Evidence of compliance
• Source-to-pay (S2P)
• DIFOT
• Expediting
• Warranty management