Sourcing, procurement and vendor management leaders must play more of a leadership role to enable their organizations’ business and IT strategies. A center-of-excellence approach can establish the policies, processes, analytics and competencies needed to achieve that goal.
The acceleration of the pace of business is driving the need for a shift in sourcing, procurement and vendor management focus toward innovation and value enhancement.1 To keep pace, business relies more heavily on technology and the vendors that supply technology solutions and services. As the pressure on IT leaders increases, SPVM leaders must have the analytical capabilities, the robust policies and processes, and the talent to deliver what their stakeholders need. Creating a center of excellence with the right resources, the right tools and the right focus can be the answer to the need for speed and capability that will help to enable IT and the business.
Download this Gartner report, Create an IT Sourcing, Procurement and Vendor Management Center of Excellence for Agility and Growth to review Gartner's analysis, key findings, and recommendations to drive effective governance, category planning, and more.