Market Research Logo

IDC MaturityScape: Vendor Sourcing and Management 2.0

IDC MaturityScape: Vendor Sourcing and Management 2.0

This IDC study describes the IDC MaturityScape for vendor sourcing and management. Most enterprises are either actively engaged in digital transformation (DX) initiatives or considering doing so in the near future. One of the key elements of successful DX is a vendor sourcing and management practice that is sufficiently mature to address the needs of the business and DX initiatives. This IDC MaturityScape for vendor sourcing and management helps procurement, IT, and LOB executives better understand the maturity of their sourcing practices and what actions they need to take to enhance the level of maturity of their practices for effective digital transformation and innovation.According to Aaron Polikaitis, vice president, IDC's IT Executive Programs Vendor Sourcing and Management, "Most procurement and sourcing practices of large and small enterprises are highly process centric. While this provides a level of assurance that each event will follow a predictable pattern and yield a predictable outcome, innovation and digital transformation requires a more mature approach, one that allows for flexibility and that relies on the collective expertise of highly motivated cross-functional sourcing teams."


IDC MaturityScape Figure
IDC Opinion
In This Study
Situation Overview
Siloed Sourcing
Leading in 3D
Shifting Procurement Focus
Stages of IDC's Vendor Sourcing and Management MaturityScape
Ad Hoc — Demonstrably Deficient
Description
Business Outcome
Opportunistic — Operationally Efficient
Description
Business Outcome
Repeatable — Business Effective
Description
Business Outcome
Managed — Ecosystem Empowered
Description
Business Outcome
Optimized — Differentiation Validated
Description
Business Outcome
Dimensions of IDC's vendor sourcing and Management MaturityScape
Essential Guidance
Learn More
Related Research
Synopsis

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report