Looking to create a major strategic shift in their approach to Vendor Management and to address the risk associated with misaligned vendor relationships, Best Buy needed to design and implement a Vendor Management Office (VMO). Using a proven framework, Best Buy was able to establish the operating structure, design processes, develop the VMO playbook and fully implement the VMO within six weeks of the start of organizational design.

 

Contributors: Alsbridge, Best Buy
Categories: Summit Presentations
SRC Type: Risk Management, Risk Management Outsourcing (RMO), Sourcing Management, Talent Management