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Vendor Selection VENDOR SELECTION Select the right technology vendors for your business.
HOW TO USE DATA ANALYTICS TO DRIVE BETTER BUSINESS INSIGHTS

VENDOR SELECTION

For many organizations the success or failure of IT initiatives is based on the selection of the appropriate technology vendor. Despite the critical nature of this process, many organizations underestimate the time and effort it takes to make a well-informed decision.

One of the most important factors which can help you in successfully running a business is the relationships you forge with your vendors. Selecting an ideal vendor is one of the most important decisions a business can make. It is not as simple as choosing a vendor who is nearby or is providing services at a low cost, since the ideal vendor should meet all the vendor selection criteria and methods.

While outsourcing any service, many businesses choose the lowest quoted service provider without giving much of a thought to the rest of the criteria. Analyzing a particular vendor from all the perspectives leads to successful vendor selection.

LITCOM'S PROJECT APPROACH TO VENDOR SELECTION

Start up and preparation process

Preparation of Functional demo scripts

Screening of Package Solutions

Evaluation of finalist packages

Finalist evaluation and selection

Negotiation and pricing of vendor.

Develop implementation plan.

At Litcom, we help our clients’ progress through the various selection stages from development of requirements to vendor evaluation and contract negotiation, thereby greatly accelerating the process of vendor selection.

WE ARE HERE TO HELP

Litcom provides independent advice and assistance. We have helped our clients in evaluating and selecting enterprise wide business systems, as well as solutions for specific industry verticals, best of breed software applications and the hardware and network infrastructure required to support their business.

We start by defining our clients’ unique business and technical requirements. In gathering requirements we not only look at the way you do business at present but also help you see possibilities of process improvement with the assistance of our experienced professionals.  To see how we can assist you with your organization’s vendor selection process, please contact us.

Vendor Selection
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  • Challenges in the Vendor Selection Process

    Challenges in the Vendor Selection Process

    By Litcom Team | Comments are Closed

    Reading Time: 4 minutes Technology vendor selection is a critical process for organizations because of the implications of making a wrong decision. The vendor selection process

  • Implementation Best Practices for Microsoft SharePoint

    By Litcom Team | Comments are Closed

    Reading Time: 3 minutes SharePoint is one of Microsoft’s most successful business application. It offers a secure implementation method for intranets, extranets, content management, document management,

  • Vendor Management Best Practices

    Vendor Management Best Practices

    By Litcom Team | Comments are Closed

    Reading Time: 2 minutes While vendors are essential to helping most businesses succeed, learning how to manage your IT providers is critical to ensuring that you

  • Best Practices for CRM Implementation & Training

    Best Practices for CRM Implementation & Training

    By Litcom Team | Comments are Closed

    Reading Time: 4 minutes Is your organization thinking about implementing a CRM (Customer Relationship Management)? According to the Gartner Group,  the global CRM market will grow

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1275 Finch Ave West, Suite 708
North York, Ontario M3J 0L5

Email Adress
info@litcom.ca

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  • Home
  • About Us
  • Our Team
  • Services
    • Business Intelligence & Data Analytics
    • Canada Digital Adoption Program
    • Data Protection and Privacy Services
    • IT Staff Augmentation
    • Digital Transformation
    • IT Assessment & Roadmap
    • IT System Implementation & Optimization
    • IT Executive Search & Recruitment
    • M&A IT Due Diligence
    • Post – Merger Technology Integration
    • User Experience Strategy & Design
    • IT Contract to Hire Solutions
    • Vendor Selection
  • Industries
    • Business Services
    • Consumer Products & Retail
    • Finance & Banking
    • Healthcare
    • Logistics, Supply Chain & Transportation
    • Manufacturing
    • Not for Profit
    • Private Equity
  • Client Projects
  • Insights
  • Contact Us
    • Job Openings
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