Productivity, Insight

What is a Vendor Management Office?

Lily Poelmann 6 months ago

A Vendor Management Office (VMO) is a function made of existing vendor managers or any other members of the organisation that deal with suppliers. The VMO will typically manage long-term relationships with suppliers and focus on capturing business value post-contract award, whilst mitigating against risk. Nick Francis, co-founder and CTMO of Brooklyn Vendor Assurance, provides his expert advice on how to implement a VMO and what the full scope of its responsibilities should be:

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