facebook linkedin twitter

Computerware Blog

How to Avoid Sinking More Capital into Your Vendor Relationships

How to Avoid Sinking More Capital into Your Vendor Relationships

The small business owner wears a lot of different hats. The smaller the business, the more hats he/she has to wear. One hat many small business owners wear is that of CIO or CTO. Short for Chief Information Officer or Chief Technology Officer, respectively, these positions typically make technology decisions for the company they work for. 

At a small business, the entrepreneur is typically the one making the determinations of what technology the company needs. There is a decent-enough chance that the average business owner’s base knowledge extends to a cursory knowledge of what a computer needs, but not in setting up a functional organizational computing infrastructure. This is completely understandable, of course, but does pose a problem when trying to budget for, procure, and manage the technology your business will use day-in and day-out. 

This is where the vendor comes in. Vendors sell you all the products and services a company uses to help them build, deliver, and support the products and services they provide. Forging productive vendor relationships is important, but many vendor representatives can tend to dominate a point of contact’s time; and, if that person is crucial to the machinations of a business, it can really be detrimental to the business. 

One study suggests that IT vendors can take upwards of 13 percent of a CIO’s time. Your business needs that time, and you aren’t going to get it back unless you make some serious changes to the way you go about dealing with your vendors. Some suggestions include:

  • Consolidating vendors - If you have multiple vendors for similar products, test products from each place. If they are comparable, giving your business to one vendor instead of several can go a long way toward saving you time. It can also provide some nice cost savings in some cases. 
  • Actively measure vendor performance - This may seem like it will cost you more time, but any time you use to measure your vendor’s performance will come back to you when you eliminate the vendors that provide the worst services and take up the most time. 
  • Use a Vendor Management service - One way to avoid spending over ten percent of your time dealing with vendors is to outsource it. At Computerware, vendor management is a core part of our managed IT services. Our IT professionals will handle contracts, performance analysis, relationship management, and even vendor risk to keep your IT running efficiently.

If you are bogged down with a constant stream of vendors, call the IT professionals today to see how we can save your company time and money with our vendor management service. Reach out right now at (703) 821-8200.

Can You Host a Private Cloud in the Cloud?
Shift Your Big Costs with Cloud Computing
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, August 11, 2020

Captcha Image

By accepting you will be accessing a service provided by a third-party external to https://www.cwit.com/

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Security Tip of the Week Technology Best Practices Business Computing Privacy Internet Cloud Software Data Business Management Hackers Hardware Workplace Tips Microsoft Network Security Backup Productivity Hosted Solutions Managed Service Provider Business Productivity Email Malware IT Services Saving Money Efficiency Google Small Business Computer User Tips Innovation Collaboration IT Support IT Support VoIP Data Backup Smartphones Quick Tips Network communications Business Continuity Mobile Devices Disaster Recovery Microsoft Office Data Recovery Android Gadgets Social Media Cybersecurity Upgrade Communication Mobile Office Server Smartphone Phishing Virtualization Mobile Device Management Miscellaneous Operating System Vendor Management Holiday Ransomware Outsourced IT Passwords Apps Windows Tech Term Mobile Device Managed IT Services Users Windows 10 Internet of Things Unified Threat Management Facebook Remote Monitoring Automation BDR Data Management BYOD Remote Computing Apple Managed IT services Mobile Computing Analytics WiFi Windows 10 History Training Artificial Intelligence Marketing Cloud Computing The Internet of Things Business Technology Firewall Browser Save Money App Alert Encryption Big data Help Desk Spam Health IT Consultant Office 365 Budget Bandwidth Office Two-factor Authentication Information Technology Managed Service Hard Drives Access Control VPN Content Filtering Windows 7 Gmail Managed IT Going Green Government Maintenance Cybercrime Bring Your Own Device Printer Antivirus Cost Management Hiring/Firing Search Information Saving Time Computers Healthcare Lithium-ion Battery Best Practice Windows 8 Outlook Recovery Employer-Employee Relationship Covid-19 Retail Tech Support Virus Wireless Technology Document Management Hacking Phone System Computing iPhone Data Security Travel It Management Customer Service Education Blockchain Update IBM Data Loss Remote Work Augmented Reality Humor Project Management Networking Money Regulations Hacker Wi-Fi Proactive IT Computer Repair Running Cable Avoiding Downtime SaaS Current Events Intranet Law Enforcement Voice over Internet Protocol Twitter Patch Management Compliance File Sharing Wireless Solid State Drive Data storage Hard Drive Customer Relationship Management Risk Management Storage Website Applications Flexibility Mobility Data Breach PowerPoint Save Time Conferencing Vendor Downtime Legal Value Administration Password Monitoring Comparison Tablet Private Cloud Company Culture Paperless Office Software as a Service Sports Telephony Management Disaster Social Networking Machine Learning Hosted Solution End of Support Telephone Systems User Vulnerabilities Robot Virtual Desktop Securty Social Excel Fax Server DDoS Black Market Scam Google Maps Net Neutrality Cryptocurrency Laptop Social Engineering Business Intelligence Word Business Growth Cooperation Digital Payment Digital Router Websites Meetings Cortana Download Start Menu Tech Terms Trending YouTube Mobile Technology Mouse Smart Devices Solutions Processors Unified Communications Settings USB Microchip Taxes Professional Services Uninterrupted Power Supply Multi-factor Authentication Inbound Marketing Telephone Distributed Denial of Service Vulnerability Statistics Presentation Video Conferencing Programming Bitcoin Co-managed IT Integration User Error Network Congestion Pain Points Data Protection Specifications Safety Public Cloud IT service Licensing Managed Services Provider Downloads Streaming Media Documents Identity Theft Teamwork Heating/Cooling Notifications Lifestyle Entertainment Bluetooth How To Managed Services Redundancy Politics Employee/Employer Relationship Virtual Reality Distribution Chrome Google Docs Gaming Console Emails Automobile Memory Managed IT Service Experience Chromebook Evernote Virtual Assistant Monitors Text Messaging eWaste Computing Infrastructure Cost Cleaning Webcam Hack Computer Accessories Office Tips How To Processor Entrepreneur Staffing Google Wallet Web Server Medical IT Trend Micro Turn Key Troubleshooting UTM Content Windows XP Virtual Private Network Cabling Browsers Data Warehousing Printer Server Thin CLient FinTech Security Cameras Threats Emergency Hard Drive Disposal LinkedIn HIPAA IT Plan Enterprise Resource Planning Books Displays 3D Development Workers Ebay User Tip Proactive Maintenance Access Trojan Environment Legislation Error Society Administrator Microsoft Excel Organize Competition email scam Addiction Micrsooft Supercomputer Computer Care Electronic Payment Accountants A.I. Smart Phones Data Storage Navigation Virtual Machine Archive Drones eCommerce Skype Business Owner Procurement Worker Data Analysis Employees Google Drive Windows Server 2008 Leadership Organization GDPR Managing Risk IP Address Migration Connected Devices Reading Adminstration Samsung Pirating Information Printers SQL Server Spyware Mobile Payment Wireless Headphones Tech Hypervisor Application Network Management Communitications Employer Employee Relationship Electricity Printing Point of Contact Human Resources Equifax Fleet Tracking Permissions G Suite Language PCI DSS Webinar Hacks Physical Security Holidays Device security MSP Supply Chain Management Fileless Malware Hybrid Cloud Nanotechnology Banking Social Network Music Botnet Modem Strategy Desktop Finance switches Relocation Writing Internet Service Provider Tablets Proxy Server Azure cache Television Term Recycling Digital Signature Business Cards Service Level Agreement Upgrades IT Assessment Electronic Medical Records Transportation WannaCry Analytic Startup Asset Tracking Sync Regulations Compliance Unified Threat Management Backup and Disaster Recovery Upselling CCTV Recording Optimization Corporate Profile Product Reviews Username LiFi Remote Working Directions Display Time Management Freedom of Information Screen Reader Business Metrics Customer Resource management Computer Malfunction SSID Gamification Reliable Computing Video Surveillance Dark Web Free Resource Assessment SharePoint Read Processing Tip of the week Piracy Upload Deep Learning Electronic Health Records Health IT Google Calendar Best Practives PDF Smart Tech In Internet of Things Work/Life Balance Saving ZTime Financial Data News Device Management Best Available Keyboard Fiber-Optic Database Memes Logistics Virtual Machines VoIP HTML Visible Light Communication Wasting Time Touchscreen Telephone System Harddrive Motion Sickness Cyber security Knowledge Microserver Business Managemenet Domains Mobile Security IT consulting Scalability Managing IT Services Debate Bookmark Consultation Content Management Google Play Telephone Service Public Speaking Software License Trends Messenger GPS Surveillance Tracking Employer/Employee Relationships Technology Tips Multi-Factor Security Telework Fake News online Currency Shortcut Fraud Tactics CIO Rental Service IT Microsoft 365 Audit Get More Done Devices Advertising External Harddrive Flash Remote Workers Managing Costs Financial Productuvuty CrashOverride Managing Stress 3D Printing Personal Information Capital Regulation

toner1