Insight
Vendor Management Offices can help IT organizations tame the challenges in managing their supplier base, while driving efficiencies, governance and cost savings
Establishing an IT vendor management office (VMO) helps create value and transparency
IT organizations typically must manage a wide variety of suppliers, while adapting to ever-changing marketing conditions. Overseeing this large and varied supplier base poses a number of challenges, particularly in the areas of managing risk, accountability, and extracting maximum value, to name a few.
That is why leading supplier management organizations are more than twice as likely to manage suppliers through a single IT vendor management office (VMO). Because it can help ensure contracts are managed appropriately depending on their nature and complexity, a VMO approach is gaining traction among IT managers.
Learn in this paper how a VMO can help reduce the number of IT suppliers, shorten the contract creation cycle, and reduce the number of critical issues escalated, while tightening governance, enhancing efficiencies, and lowering costs.
Vendor Management Offices can help IT organizations tame the challenges in managing their supplier base, while driving efficiencies, governance and cost savings.
