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COLLABORATIVE SUPPLIER GOVERNANCE

IAOP Centers of Excellence concentrate expertise and resources around key areas that our community members are investing in and are critical to attaining and sustaining world-class performance and value.

PULSEcast: Governance Reimagined: Enabling Business Agility in the Digital Enterprise  In the era of Digital Transformation, our vendor relationships have become increasingly complex. The rapid adoption of digital technologies, flexible contracts, and platform-based services has necessitated a radical change in the global service delivery model.  The COVID-19 pandemic has further transformed our vendor relationships, pushing us to redefine our engagement strategies, restructure contracts and increase offshore delivery. We are witnessing a greater demand for transparency, business continuity assurance, and contingency management with our vendors. This calls for a need to govern our relationships differently. The new rules set by the continuously evolving business landscape force us to rethink how we govern and create adaptable, resilient, and responsive governance models.  In this inspiring TED-style keynote and moderated discussion, you'll hear valuable insights into the new rules for governance, and how it will enable business agility, allowing you to navigate complex and continuously evolving technology and vendor landscapes.  Learn more...

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LEAD ARTICLES


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Professional Membership Required On Location: NYC24 - Sourcing the Deal: Accelerating Supplier Selection and Time to Value | Sourcing teams need to approach large services deals with agility and flexibility while shaping a relationship that drives value for all parties. But how do you align stakeholders to ensure everyone is getting the most out of time and effort spent – and do it on a timeline that is aggressive yet feasible? We’ll cut through the noise and showcase which templates and artefacts can act as starting point while keeping the process flexible, when to involve SME support for "moments that matter,” and how to optimize effort and engagement across internal and external teams More »

Professional Membership Required On Location: NYC24 - Balancing Risk Against Emerging Technologies | This panel discussion convened a diverse group of experts to navigate the challenges and strategies for balancing risk with the rapid advancement of emerging technologies, particularly in AI. The panelists delved into essential topics such as effective vendor management strategies, risk segmentation, and aligning innovation with legal and regulatory frameworks. Additionally, they explored the evolving landscape of fintech and platform governance, offering insights into future trends and best practices for integrating these technologies responsibly into business operations. Join us for a forward-looking session that addresses the critical intersection of technology, risk, and regulation. More »

Professional Membership Required On Location: NYC24 - Unique Challenges of the Multi-Supplier Governance in the Health and Life Sciences Industry | Understanding collaborative supplier governance best practices in a multi-supplier environment is table stakes in today's complex business world. Buyers and suppliers in the Health and Life Sciences industry are facing are unique challenges in achieving their business outcomes, meeting compliance requirements, and mitigating multi-supplier risks. This session provided practical guidance applicable for any industry about multi-supplier governance excellence for buyers and suppliers alike. More »

 Professional Membership Required OWS24 The Evolution of Supplier Governance from Managers of Vendors to Governance Maestros | In most organizations, the command-and-control focused vendor management function has been evolving to a more value and risk management focused supplier governance role. With more and more companies adopting a multi-supplier approach to sourcing, organizations must not only manage vendor compliance, risk, and performance but also orchestrate transparent, effective, and efficient governance of their integrated outsourcing supplier portfolio that leverages digital platforms, automation, and the capabilities of generative AI to achieve expected business outcomes. Like conductors of orchestras, supplier governance leaders must continue to evolve to become maestros providing the right oversight, analytics, direction, and feedback to business customers and their outsourcing partners alike. This session will lay out real-world examples of governance orchestration use cases for evolving their multi-supplier governance capabilities. More »

 Public Article Avasant Wins IAOP Excellence in Strategic Partnerships Award for Innovative Multi-Supplier Transformation | Recognizing the limitations of an outdated single-supplier outsourcing model, a major building materials company forged a strategic partnership with Avasant that has revolutionized its operations through digital transformation and a multi-supplier ecosystem. This exceptional collaboration earned Avasant the Excellence in Strategic Partnerships Award from IAOP for the fourth consecutive year. This prestigious award honors initiatives demonstrating innovation and synergies beyond traditional client-vendor relationships. More »

 Professional Membership Required OWS24 Transparency in Design Thinking: Fostering Trust and Collaboration | Join us for an enlightening recap of the 4-week workshop on Design Thinking presented by IAOP. In this session, our experienced team will unpack the key discoveries, lessons learned, and best practices that emerged from the workshop. The focus will be on the critical role of transparency in Design Thinking and how it fosters trust and enhances collaborative efforts among teams. Participants will gain insights into the importance of clear communication and open sharing of ideas, processes, and outcomes. The session aims to provide practical strategies for implementing transparency in your own Design Thinking projects to build stronger, trust-based relationships within teams and with stakeholders. More »

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