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Event Overview
This executive-level Workshop walks you through the economic justification for the vendor management office (VMO) and how to organize it. Begin the day by discussing:
- The role of the VMO
- Financial and nonfinancial justification for creating/bolstering a VMO
- The VMO's affect on a company's performance and risk profile
In the afternoon, participants learn key processes and best practices for running a successful VMO and methods for assessing its effectiveness. This includes:
- Assessing the maturity of your vendor management efforts today.
- Learning which processes and functions a best practice VMO performs, such as risk management and scorecarding.
- Road mapping how to evolve the VMO, based on your organization's goals.
At the day's end, Forrester's analysts provide an overview of the infrastructure required for a VMO, such as:
- The skills required for VMO staff and where to find that staff.
- When firms should (and shouldn't) implement VMO tools.
- Metrics for judging success.
- Marketing the VMO to the business.
Why Attend?
- Expert moderators: This Workshop is hosted by Forrester Analysts John McCarthy and Christine Ferrusi Ross.
- Exclusive audiences: Workshops provide an excellent networking opportunity in an intimate environment.
- Relevant content about key changes in the industry: Integrated content is combined with real experience in the corporate environment.
- Interactive experience: This event provides an opportunity for in-depth group discussion with plenty of time for rigorous Q&A and debate.
