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The Vendor Management Office: Unleashing the Power of Strategic Sourcing

ByStephen Guth

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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.

Details

Publication Date
Nov 18, 2007
Language
English
ISBN
9781435703834
Category
Business & Economics
Copyright
All Rights Reserved - Standard Copyright License
Contributors
By (author): Stephen Guth

Specifications

Pages
136
Binding
Perfect Bound
Interior Color
Black & White
Dimensions
US Trade (6 x 9 in / 152 x 229 mm)

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