IT PROCUREMENT

IT PROCUREMENT IS THE CONTINUOUS

PROCESS OF PURCHASING IT ASSETS

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Leverage Vendor Partnerships

On IT have forged close supplier relationships with specific vendors and IT service providers. This is not only cost effective but it also helps you leverage the expertise of the vendor in resolving adoption problems.

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Identify & Mitigate Risk

A critical IT hardware procurement best practice is to identify and mitigate risks beforehand. All asset acquisitions come with an element of risk. It could be a technology failing to meet the needs of the company, compliance issues, or high costs.

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Fulfill Your Business Goals

The IT asset procurement process should aim to meet your business goals, without any resulting inefficiencies due to integration challenges or training.

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What does procurement include?

 

IT procurement is a series of activities and procedures for sourcing IT assets. With an IT procurement policy and procedure, your business can seamlessly execute its projects with the critical IT products and services by its side.

A typical IT procurement process involves determining IT requirements, communicating with suppliers, administering procuring contracts, managing the assets, and quality assurance.

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Procuring IT is—or should be—about more than just buying IT products and services. IT procurement serves a vital role in the realization of strategic and operational goals.

Given the centrality of IT to business success and overall transformation, IT procurement should engage key stakeholders from business, finance, and IT itself.

The process has to identify what IT can serve the business and then follow through with the best possible IT investment decisions.

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