Trends Report

Navigating The Dizzying World Of SVMO Software Tools

July 8th, 2013
Lutz Peichert, null
Lutz Peichert
With contributors:
Christopher Andrews , Ben Jennings


Sourcing and vendor management (SVM) organizations are constantly called upon to increase the value they provide to businesses. To do this effectively, while focusing attention on the digital disruptions that are changing the business environment, they need to streamline execution processes to increase efficiency. While consolidating various SVM organization (SVMO) activities into a collaborative execution model is the starting point, effective use of software is quickly becoming a cornerstone for SVMO value delivery. The use of these software tools can result in faster execution cycles, improved transparency into spending and supplier performance, and better risk mitigation. A key challenge is to understand the processes that need to be integrated, which tools are currently being used, and which solutions are out in the market. This report provides an overview of the major software categories SVM professionals need to understand.

Want to read the full report?

Contact us to become a client

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.