IT Vendor Selection
Make vendor selection a strategic advantage that fits your mission.
We simplify the process of choosing a technology vendor that best suits your business needs.
By understanding your business needs and the outcome, you expect, selecting your vendor becomes a competitive advantage. They may offer managed services post-go-live, new customer experiences that no one else has, and a lower fee structure. The process for IT vendor selection has five core phase:
- Needs assessment
- Procurement process
- Contract negotiation and award
- Contract management
- Post-warranty
If one is available, your procurement department plays a crucial role in defining weightings, mandatory and ratings, for selecting the incumbent. They ensure the process is fair and all vendors have the same information.
The vendor selection process is managed differently in the public and private sector.
In the public sector, specific dollar value contracts must go through a competitive award process that looks for the lowest cost solution provider. The private sector may focus less on cost and value as the deciding factor for private sector organizations.
SmartGig IT has worked in both worlds and understands how to navigate the process, working closely with procurement and other stakeholders to get the best outcome. We know that selecting the wrong vendor has long-term consequences, wastes time, and is incredibly embarrassing.
SmartTip: Consider using the lesser-known RFI process to gain insight into industry trends.
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