Vendor selection and management

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  • New tactics for managing lean IT budgets

    Running lean, in IT speak, refers to the process of doing more with less inside your enterprise IT organization. In the April 2010 edition of Enterprise CIO Decisions Ezine, find out how IT Service Management (ITSM), outsourcing, agile project manage... 

  • brand equity

    Brand equity is a phrase that reflects the perceived value of a known name, logo or other identifier, and how it affects an organization's ability to market products and services that brand represents. 

  • converged infrastructure

    Converged infrastructure (CI) is an approach to data center management that relies on a specific vendor and the vendor’s partners to provide pre-configured bundles of hardware and software in a single chassis. 

  • selective outsourcing

    Selective outsourcing is a targeted sourcing strategy that relies upon sending very specific functions and work off-premises while keeping other functions on-premises. 

  • brand recognition

    Brand recognition is extent to which a consumer can correctly identify a particular product or service just by viewing the product or service's logo, tagline, packaging or advertising campaign. 

  • vendor neutral

    Vendor neutrality is a business and design approach that seeks to ensure broad compatibility and interchangeability of products and technologies. The model encompasses non-proprietary design principles and unbiased business practices. 

  • big data as a service (BDaaS)

    Big data as a service (BDaaS) is the delivery of statistical analysis tools or information by an outside provider that helps organizations understand and use insights gained from large information sets in order to gain a competitive advantage. 

  • strategic sourcing

    Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace. 

  • rightsourcing

    Rightsourcing is selecting the best way to procure a service and deciding whether a company is best served by performing a business requirement in-house (insourcing) or contracting it out to a third-part service provider (outsourcing).  Rightsourcing... 

  • vendor management office (VMO)

    A vendor management office (VMO) is an internal unit within an enterprise that is charged with evaluating third-party providers of goods and services, supervising day-to-day interactions and managing longer-term relationships. 

  • vendor risk management (VRM)

    Vendor risk management (VRM) is a comprehensive plan for identifying and decreasing potential business uncertainties and legal liabilities regarding the hiring of 3rd party vendors for IT products and services. 

  • See more Definitions on Vendor selection and management
  • BPM tool selection: Strategies for success

    Get the most out of your BPM tools. Learn how to assess your business and technical needs and choose the best vendor and tool to meet your BPM needs. 

  • SOA implementation expert advice

    Service-oriented architecture (SOA) implemention has caught the interest of CIOs. This expert podcast series focuses on the state of SOA, the vendor market and consolidation, and the total architecture. 

About Vendor selection and management

Vendor selection and management can make or break that expansive new IT project you're planning. Evaluating the pros and cons of various vendors and weighing them against one another to make the best choice is no easy task. Get guidance with the vendor selection and management news, tips and other resources in this section.