This session will discuss how and why the traditional supplier governance models are being upended with the rapid growth in supplier relationships and networks, and increased risk and potential value from supplier relationships. Governance is no longer just about compliance to contracts. Either VMOs will need to evolve to create value for internal clients or will become increasingly irrelevant. This session will be of interest to sourcing, procurement and supplier governance professionals.
You will learn:
- What are the drivers for changes to traditional governance models
- How VMO can create business value and enhance supplier relationships
- What the Digital VMO is, key capabilities and how it can help automate and drive value from your supplier relationships