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Improve Accountability for Vendor Management Excellence

Turn vendors into partners one step at a time.

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Your Challenge

  • Adoption of technologies, like cloud computing, and reliance on outsourced services is increasing the drive to improve vendor relationship management.
  • Many IT departments are achieving at least some positive vendor management outcomes. Deciding what to do next to enhance current capability can be daunting when you look at the number and variety of activities to tackle.

Our Advice

Critical Insight
  • Vendor management can deliver immediate cost savings, but the greatest benefits come from turning vendors into partners who contribute to the future success of your organization.
Impact and Result
  • Achieve higher vendor management effectiveness by implementing our action plan to take you through mastering the basics of vendor management to adopting more advanced, strategic practices.

Get to Action

  1. Improve and expand current vendor management practices

    Take advantage of the more strategic benefits of vendor relationships.

  2. Create a list of current vendors in the enterprise

    Gain better control over expenditures.

  3. Choose the right vendor

    Ensure the solutions are a best fit for the enterprise.

  4. Better understand contract negotiation

    Create fair and favorable vendor contracts.

  5. Minimize risk

    Avoid unexpected surprises from vendors.

  6. Better manage vendor performance

    Improve relationships and work toward building mutually beneficial partnerships.

Related Solution Sets

Maximize Vendor Performance

When good enough isn't good enough.

Effectively Manage Cloud Vendors

Don’t be afraid to let go.

Prepare IT for Increased Cloud Adoption

The forecast is Cloudy with a chance of disruption.

Improve IT's Relationship to the Customer Service Group

Understand the Customer Service team's unique needs in order to serve them better.

Tags

vendors Vendor management vm SLA service delivery contract negotiation inventory management vendor relations vendor relationship management vmo

Related Content


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Turn vendors into partners one step at a time.

Companies Who Helped

  • Canadian Broadcasting Corporation
  • Central 1 Credit Union
  • City of Brampton
  • First West Credit Union
  • Intertek
  • Moneris Solutions
  • Navitus Health Solutions
  • New Zealand Transport Agency
  • Province of Ontario
  • Vivo Inc.

Solution Road Map

Other Solution Sets in Vendor & Contract Management

  1. Maximize Vendor Performance
    When good enough isn't good enough.
  2. Prepare IT for Increased Cloud Adoption
    The forecast is Cloudy with a chance of disruption.
  3. Improve Accountability for Vendor Management Excellence
    Turn vendors into partners one step at a time.
  4. Develop a Cloud Consumption Strategy
    Optimize your cloud deployment to stay ahead of the demand curve.
  5. Effectively Manage Cloud Vendors
    Don’t be afraid to let go.
View the full Solution Road Map