Gartner Research

Fast-Track Your Vendor Relationships When Speed Is Critical

Published: 27 April 2017

ID: G00323901

Analyst(s): Edward Weinstein

Summary

Greater speed and agility are in demand from technology vendor engagements. Sourcing and vendor management leaders must incorporate the necessary flexibility into relationship management in order to realize the benefits of "fast-track" initiatives.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Adopt Vendor Relationship Management Processes That Satisfy the Demands of Fast-Track Initiatives by Aligning Activities to Business Requirements
  • Identify and Socialize Fast-Track Relationship Management Roles Quickly in Order to Establish Governance and Authority
  • Create a Repeatable Process for Fast-Track Initiatives That Allows for Quick Assignment of Necessary Relationship Management Authority

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