
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
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.
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.
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.
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
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