There is no “One-Size-Fits-All” formula for staffing your Supplier Governance team
“The challenge is not about setting up a governance team; the real challenge is in knowing how to staff it right.”
Supplier Governance has to be an integral part of enterprises engaged in outsourcing. Why should not they be when globally, organizations lose about 15% to 25% of Annual Contract Value (ACV) due to their failure to mitigate value leakage. Moreover, an effective governance team would not only provide maximum value realization out of outsourcing engagements … [Read more…]