What is Vendor Tiering? Optimize Your Vendor Risk Management | UpGuard

This article explains vendor tiering as a method to classify third-party vendors by security criticality to streamline Vendor Risk Management (VRM). It covers the rationale, benefits (focused assessments, business continuity, automation, supply chain security), components of tiering models (automated weighting and manual assignment), best practices, and how the UpGuard platform supports tiering and automation.