TECH BUYER Apr 2020 - Web Conference Proceeding: Tech Buyer - Doc # US46223720

Agile Procurement: Delivering the Results You Need — Quickly!

By: Chris MurphyProgram Vice President, Sourcing Advisory Services, Aaron PolikaitisVice President of Research, Vendor Sourcing and Management

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Abstract

This IDC Web Conference presents a discussion on agile procurement. Many IT organizations, inspired by agile development approaches, are now applying agile thinking to procurement — embracing a more adaptable, scalable, results-driven, and collaborative approach to contracts and vendor relationships. But in many enterprises, sourcing organizations are driven by cost reductions, most of which are targeted at traditional legacy technologies funded by IT. Today's enterprises need more than just cost reductions to be successful — they need vendor partnerships that help transform the business and build lasting success. This web conference lays out steps to creating more successful vendor partnerships:

  • Identify legacy technology investments, analyze agreement terms, and scope retirement road maps.
  • Identify planned new and emerging technology investments and coordinate their implementation road maps.
  • Embrace innovation, identifying digital strategy drivers and owners, establishing meaningful dialog among owners and technology sourcing executives, and creating a common vision.

Today, agile sourcing strategies are paramount for success in technology sourcing operations looking to deliver meaningful results to the businesses they support. Learn how to use agile sourcing to optimize your vendor relationships and drive competitive differentiation and advantage.


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