Cutting SVM's Gordian Knot Of Process Responsibilities

Many sourcing and vendor management (SVM) clients struggle to define the core process responsibilities of their job — and that's no surprise given the number of activities that SVM is responsible for managing. The typical processes that SVM pros manage range from extremely operational to quite strategic and from highly technical to fully commercial. And just like the legend of Phrygian Gordium, disentangling this cluster of process activities requires taking a step back. This report provides an overview of the processes the SVM organization needs to handle on its own and those it needs to participate in with internal stakeholders. It breaks core sourcing responsibilities into strategy, commercial interactions, and delivery.