All IT organizations are dependent on their vendors for technology products, services, and solutions to support critical business functions
As IT services and products continue to become outsourced and migrated to the cloud, IT is becoming increasingly dependent on external vendors and a transaction-based approach becomes insufficient to guarantee continued value. This blueprint on jump starting your vendor management initiative provides an accelerated approach to ensuring your organization can monitor your vendors' performance while preserving your investment. Read this Executive Brief to:
- Understand how value retention stems from effective vendor management.
- Understand the importance of classifying your vendors to identify your strategic vendors.
- Learn the expected ROI of your vendor management initiative.
- Learn how, in 100 days, deploying a define, evaluate, create, and activate approach can provide visible results.