Working with your firm to assist in the development of a comprehensive supplier diversity program.
Delegate fully to us.
Our dedicated VMO team handles every aspect of vendor governance from day-to-day operations to long-term strategic planning.
Why do you need Procurement?
It brings discipline, expertise, and market intelligence that most teams can’t maintain internally. By outsourcing procurement, you reduce costs, eliminate unmanaged renewals, improve compliance, and gain predictable oversight of every vendor. Our VMO functions as an extension of your team, ensuring every decision is data-driven, benchmarked, and strategically aligned.
Why Organizations Turn to Our VMO
Inefficient Processes
Without a dedicated procurement function, teams spend too much time chasing quotes, managing vendors ad hoc, and reacting to issues instead of planning ahead. A VMO streamlines every step: intake, sourcing, renewals, and approvals, so your organization moves faster with far less operational drag.
Poor Contract Management
Contracts often sit unmanaged, buried across folders and inboxes, leading to missed renewals, weak terms, and limited visibility. A VMO centralizes contract oversight, enforces standards, and ensures every agreement is negotiated, monitored, and aligned with your business.
Limited Visibility into Spend
Uncontrolled spend leads to overpaying vendors, inconsistent pricing, and no clear view of where money is going. A VMO builds a spend cube, brings structure and benchmarking to every category, uncovering savings, eliminating waste, and improving financial discipline across the vendor landscape.
Fragmentation of Spend
When multiple teams manage vendors independently, processes break down and decisions become inconsistent. A VMO unifies sourcing, approvals, negotiations, and vendor oversight under one accountable framework, improving alignment and reducing risk across the organization.
Insufficient Market Knowledge
Market conditions change quickly, but most teams lack the data and expertise to keep up. A VMO delivers real-time benchmarks, pricing intelligence, and category insights, helping you stay ahead of shifts that impact your vendors, contracts, and costs.
Why to engage CCM?
- Flexible and bespoke approach, adaptable to your business organization
- Technology, vendor and third party agnostic
- Access to category experts
- Flexible cost model
- Savings across a large range of spend categories
- Access to CCM’s Spend Control Portal
Additional Advantages
Oversee Supplier Risk
Helping to define custom supplier risk criteria CCM recommends a process to effectively monitor and reduce risk.
Effective Budget Management
Tracking your spend and sharing market insights helps you to stay within budget and be prepared for large expenditures.
