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The Vendor Management Office

Unleashing the Power of Strategic Sourcing

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  • 136 pages
  • 5 hours of reading

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Negotiating the lowest possible price is no longer enough. Internal customers now demand more—they need business advice, guidance, and expertise to manage their sourcing requirements. They need an organization that focuses less on price and more on the value that vendors can provide. The organizational key to unleash the potential of strategic sourcing is the Vendor Management Office or "VMO." It is an over-arching organizational concept of strategically managing procurements and vendors. Resulting from over 10 years of real-life experience implementing VMOs, this book introduces the concept of a VMO and the philosophy that cost is not always a factor. The book is intended to be much more than conceptual. Concrete and practical tools considered necessary to launch a newly formed VMO are explored in detail. Appendices contain materials that can be easily adapted for use by any VMO. If you are interested in implementing a VMO or you are interested in vendor management as a career--this book is for you.

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The Vendor Management Office, Stephen R. Guth

Language
Released
2007
Binding
(Paperback),
Book condition
Very Good
Price
€6.59

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Title
The Vendor Management Office
Subtitle
Unleashing the Power of Strategic Sourcing
Language
English
Publisher
Lulu.com
Released
2007
Format
Paperback
Pages
136
ISBN10
1435703839
ISBN13
9781435703834
Series
Tags
Description
Negotiating the lowest possible price is no longer enough. Internal customers now demand more—they need business advice, guidance, and expertise to manage their sourcing requirements. They need an organization that focuses less on price and more on the value that vendors can provide. The organizational key to unleash the potential of strategic sourcing is the Vendor Management Office or "VMO." It is an over-arching organizational concept of strategically managing procurements and vendors. Resulting from over 10 years of real-life experience implementing VMOs, this book introduces the concept of a VMO and the philosophy that cost is not always a factor. The book is intended to be much more than conceptual. Concrete and practical tools considered necessary to launch a newly formed VMO are explored in detail. Appendices contain materials that can be easily adapted for use by any VMO. If you are interested in implementing a VMO or you are interested in vendor management as a career--this book is for you.