GETTING THE MOST OUT OF IT PROCUREMENT : THE BEST PRACTICES AND APPROACHES
otherwise the benefits from IT systems will not fully justify the investment .”
GETTING THE MOST OUT OF IT PROCUREMENT : THE BEST PRACTICES AND APPROACHES
“ The traditional role of IT procurement is evolving , driven by both internal and external forces ,” says Lê , who explains that internally organisations are striving to be “ faster , better and cheaper , but still limit risks , with no additional funding ,” while externally , “ the supplier landscape is changing , sourcing of solutions not products and new ways of working are emerging .”
To address this evolution , Lê adds that “ A dependable procurement system is one created to improve accuracy , efficiency and speed . To ensure that the IT procurement is effective , it is essential to ensure that everything functions competently as well as cost effectively . Additionally , unclear details and specifications , lack of transparency , inflexible suppliers and team , inaccurate date , collectively , could hamper the procurement process .”
Adding to Harris ’ s five best practices , Lê concludes that “ three key themes emerge : smarter procurement with advanced optimisation of procurement spend ; automation and agility , enabling greater efficiency , faster processes , fewer errors , better controls and stronger risk monitoring ; and frictionless collaboration , enabling increased collaboration ( and agile ), enhanced stakeholder experience .”
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