Gartner Research

Create an IT Sourcing, Procurement and Vendor Management Center of Excellence for Agility and Growth

Published: 27 June 2019

ID: G00383460

Analyst(s): Yanni Karalis, Luke Ellery

Summary

Sourcing, procurement and vendor management leaders must play a more strategic role to enable their organization’s business and IT strategies. A center-of-excellence approach can establish the policies, processes, analytics and competencies needed to achieve that goal.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Create an SPVM COE as a Governance Body to Support Strategy and Processes
    • Standardization, Diversification and Automation of Processes
    • Stakeholder-Specific Sourcing and Vendor Management Strategy Development
    • IT Sourcing, Procurement and Vendor Management Analytics
  • Utilize the COE as an SPVM Data Analytics Hub
  • Staff the COE With the Right Skills and Experience Levels

Case Study

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