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Vendor Management Office Definition: A Vendor Management Office (VMO) is a centralized function within an organization responsible for overseeing vendor relationships, contracts, and ensuring vendors comply with security and risk management standards.
Vendor Management Office (VMO) is a centralized unit within an organization that oversees relationships with third-party vendors providing products or services. The VMO is responsible for managing vendor contracts, ensuring compliance with cybersecurity and data protection standards, assessing vendor risks, and monitoring vendor performance to mitigate potential security threats and ensure the security and integrity of the organization's information assets.