Recalibrating for Resiliency – 2021 Key Issues in Global Sourcing – Sourcing and Vendor Management Perspective

12 Jan 2021
by Amy Fong, Hrishi Agarwalla

Our unique Key Issues in Global Sourcing reports are based on annual surveys that capture the pulse of the market on major aspects of the global sourcing industry. This report presents the results of a study we conducted in October and November 2020 with senior stakeholders from global enterprises across multiple departments such as procurement, IT, and Global Business Services (GBS) to understand their thoughts as they undertook planning for 2021. This specific report focuses on Sourcing and Vendor Management (SVM) stakeholder groups.
While 2020 has been challenging on multiple fronts, many organizations have seen the positive side, taking on the challenge to recalibrate for resiliency, to thrive through the continuing pandemic and emerge better prepared for future crises.
This report provides perspectives on how leading global enterprises are putting 2020 behind them and planning to develop resiliency in 2021 and beyond. The report highlights SVM stakeholders’ growth sentiments, key priorities, challenges, and initiatives from a global sourcing perspective.

Scope

  • Geography: Global
  • Industry: Cross-industry
  • Services: IT and business process services with a focused section on SVM

Contents

  • Financial performance in 2020 and sentiments for 2021
  • Anticipated top business challenges and critical business model changes in 2021
  • Enterprise digital capabilities priorities
  • Enterprise talent-related challenges and hiring sentiments for 2021
  • Top procurement challenges and high impact cost management approaches
  • Anticipated changes to service provider portfolios and key service provider-related challenges and priorities
  • Operating model changes
     

Membership(s)

Sourcing and Vendor Management

 

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