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For CIOs

Defining The New Vendor Management Organization

Procurement-Based Approaches To Strategic Suppliers Won't Work In Light Of Business Technology Requirements

April 15, 2015

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Why Read This Report

CIOs need to raise the game of vendor management. To date, they've been too focused on procurement, cost savings, and managing existing relationships. To support the need for greater innovation, speed, and customer responsiveness, vendor management needs to separate from procurement, own key processes and the sourcing strategy, guide others who engage with vendors, and consult with business users who are making technology decisions. This report describes how vendor management needs to change to support the business technology (BT) agenda.

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Table of Contents

  • Digital Trends Demand New Vendor Management Capabilities
  • Take Seven Actions To Upgrade Vendor Management In The Digital Age
  • WHAT IT MEANS

  • VMOs Must Manage BT Relationships, Instead Of Managing Transactions
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