Dashboards: Executive Summary

The Executive Summary page in the Vendor Risk Management application [ Dashboards ➔ Executive Summary] is a detailed, cumulative report that provides a holistic view of the vendor portfolio. It consolidates key metrics across the following critical areas:

• Vendor Population
• Risk Score
• Life Cycle
• Findings

Use the Executive Summary to make informed strategic decisions, optimize vendor relationships, and mitigate potential risks.

Actions

Download the data:

Select the Download as PDF button at the top-right.

Panels

Vendor Population

• Managed count: The number of vendors under active management. Evaluate them as part of your due diligence process.
• Monitored count: The number of vendors being monitored and manually added to your ecosystem. Shows connection requests that have not been accepted yet.
• Total count: The number of vendors, including monitored and managed vendors. Tracking the total number of vendors measures the scope of your supply chain.
• Vendors Distribution By Tags chart: Show the number of vendors associated with the 8 most used tags.

Learn about vendor connection statuses.

Risk Score

• Vendors Distribution By Risk Score Level chart: Shows the aggregated risk score, calculated based on the individual risk score of all your vendors.
• Vendor Distribution By Risk Score Across Tags graph: Shows the distribution of vendors based on their risk scores within the top 8 most used tags.

Learn about the risk score.

Life Cycle

• Assessment Time By Life Cycle Stage chart: The average number of weekdays vendors take to progress from a pending life cycle stage until they are completed.
• Vendors Distribution By Life Cycle graph: The number of vendors in pending life cycle stages.

Learn about assessment life cycle stages.

Findings

• Outstanding Findings By Criticality chart: The distribution of outstanding findings across vendors by finding criticality.
• Outstanding count: The number of findings that are either pending or do not have a defined status.
• Report count: The number of findings across all statuses, regardless of their current resolution state.
• Resolved count: The number of completed findings.
• Resolution Rate statistic: The percentage of resolved or completed findings.
• Average Time to Resolution statistic: The average number of weekdays taken for findings to be completed starting from when they were created.

Learn about findings.