For Sourcing & Vendor Management Professionals (Length: 19 pages)

October 20, 2009

Create Your Sourcing Strategy By Facing Up To Your Organization's Business Realities

Look Beyond Crisis Management To Set A Forward-Looking Strategy

by Andrew Parker, Caroline Roeleveld-Hoekendijk

with Christine Ferrusi Ross, Antonin Shanahan


Executive Summary (This is a document excerpt)

While the road to economic recovery is expected to be rocky, by now most businesses have understood the effects they will suffer and have taken measures to shore up business stability. Sourcing and vendor management leaders — like other managers — will be keen to move beyond crisis management and focus on the wider work of their teams. But no one should believe that we're returning to business as usual. The life, and environment, of every organization has changed perceptibly — sometimes radically — over the past 12 months. Sourcing strategists need tools to assess the situation of the business and determine how their own plans and activities need to change to adjust to new realities. Forrester's business context self-test allows sourcing execs to assess their situation and identify which of four characteristic business scenarios is most reflective of their own business. Specific advice relating to each scenario will assist sourcing and vendor management leaders to set priorities and manage dealings with other stakeholders around the organization.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemIt's Time To Look Beyond The Recession

itemShape The Sourcing Agenda In The Light Of Your Firm's Status

recommendations

itemEach Scenario Will Have Its Own Top Priority

WHAT IT MEANS

itemInformation (And Communication) Underpin Success

alternative view

itemSmart SVM Types Will Just Keep Their Heads Down And Do As They're Told

Forrester interviewed 12 vendor and user companies, including Archstone, BuyO, Future Purchasing, PA Consulting, Pace Harmon, and TPI.

Related Research Documents

itemBack To Basics — IT Strategy In Turbulent Times

February 4, 2009

itemMeasuring And Aligning Business Performance

April 2, 2008

Find Documents In Related Categories

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Analyst: Andrew Parker
Technology: Sourcing & Procurement, Sourcing Strategy & Execution
Industry: Retail
Geography: Asia Pacific, Europe, North America

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