Top Vendor Management Challenges for IT
Vendors have become critical to delivering business solutions in today’s fragmented tech landscape. Cost pressures induce several enterprises to outsource even core roles to vendors. Enterprises that curate an ecosystem of competent vendors gain a huge strategic advantage. But the increasing scope and scale of vendors make relationships complex and raise several vendor management challenges. […]
5 Best Practices Related to Vendor Sourcing and Management
The ability to cultivate an ecosystem of skilled vendors and partners offers a sure-shot advantage for the business. In an age of skill-shortage, identifying good vendors is hard, and striking a good deal harder. But smart negotiation tactics and good vendor management practices help. 1. Negotiate the Best Price Negotiation is a skilled art. The […]
