**Intact Gift Giving Condition book**
Internal customers now demand more—they need business advice, guidance, and expertise to manage their sourcing requirements. Negotiating the lowest possible price is no longer enough. They need an organization that focuses less on price and more on the value that vendors can provide. The organizational key to unleash the potential of strategic sourcing is the Vendor Management Office or "VMO." It is an over-arching organizational concept of strategically managing procurements and vendors.