For Sourcing & Vendor Management Professionals

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	April 15, 2008 Justifying The Vendor Management Office Clear Hard-Dollar Savings And Soft-Dollar Benefits Make VMOs A Logical Play In A Difficult Economy by John C. McCarthy with Christine Ferrusi Ross, Sean Galvin	Average: 6  (4 ratings)

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Executive Summary

As the economic outlook darkens and IT budgets shrink, firms face the challenge of quantifying the benefits of their new vendor management initiatives. Based on our research with early vendor management office (VMO) adopters, Forrester believes that sourcing and vendor management teams should show their executives a range of hard- and soft-dollar justifications such as better volume leverage and lower risk exposure.

This is an excerpt

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