Discover how Wavestone helps clients establish and maintain an effective vendor management office, based on best practices derived from years of experience working in multi-vendor environments across a multitude of industries.

A rising tide lifts all boats, and a storm hits them all equally. The coronavirus-sparked recession will impact vendors too, so IT organizations need a dedicated team—a vendor management office (VMO)—to manage them, ensuring SLAs are met and resources are utilized strategically to drive business value.

This white paper explains:

• What it takes to be a best-in-class VMO through the lens of our maturity model
• The short- and long-term benefits of a VMO and why it's crucial for a VMO to be self-funded
• The key components of implementing a VMO

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