• DocumentCode
    107145
  • Title

    Vendor Management

  • Author

    Costello, Tom

  • Author_Institution
    UpStreme
  • Volume
    15
  • Issue
    6
  • fYear
    2013
  • fDate
    Nov.-Dec. 2013
  • Firstpage
    72
  • Lastpage
    72
  • Abstract
    This article briefly outlines the four significant stages of a vendor management program (strategic fit, selection and contract, execution, and renewal), along with useful components and recommended actions for each stage. In addition to tactical steps, critical strategic theory and best practices are outlined. Organizations can use this article for assessing the state of their existing vendor program, as well as incremental steps for overall program improvement.
  • Keywords
    Managemenet; Strategic planning; PMO; RACI; RFP; change management; contract compliance; escalation; outsourcing; performance measurement; resolution management; strategic vendor; sunset reviews; vendor contracts; vendor management;
  • fLanguage
    English
  • Journal_Title
    IT Professional
  • Publisher
    ieee
  • ISSN
    1520-9202
  • Type

    jour

  • DOI
    10.1109/MITP.2013.101
  • Filename
    6674027
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=107145