Use this blueprint to calculate the impact or value of the vendor management office (VMO). The blueprint includes the following sections:
- Executive Summary
- Phase 1 Get Organized
- Phase 2 Establish Baselines
- Phase 3 Measure and Monitor Results
- Phase 4 Report Results
Reporting the value created by the VMO and the ROI associated with the VMO to executives and stakeholders is essential to quantifying the VMO's contributions to your organization.