vendor consolidation

/Tag: vendor consolidation

Regain Control of IT Spend with Vendor Consolidation

Having too many vendors leads to inefficiency. Like too much IT spend. Too many profit margins to cover. Too many points of contact. And too many projects that are out of your control. It's time to regain control of IT spend and the rest of your IT operations with vendor consolidation. If you’re operating internationally, then your vendor sprawl can become much worse. With exponential vendors comes exponential logistical and financial burdens, including: Overly complicated vendor communication Extensive project management errors and inconsistencies Unnecessary service redundancy and overhead Unstandardized protocols and support methodologies Outsourcing your IT tasks is a necessity in this age of leaner IT teams and more generalized engineering talent. But outsourcing, fundamentally, is supposed to relieve pressure on your in-house teams, not add more strain. If your [...]

Benefits of Global Vendor Consolidation: A Real-World Application

Are you managing multiple IT infrastructure maintenance contracts across many different vendors? You’re not alone. Many companies are in the same position, finding it difficult to navigate their many contracts and what each addresses when it comes to their assets. It can be particularly challenging for organizations to manage contract expirations and renewals without a dedicated contract manager. These challenges lead many organizations to seek help with vendor management. Partnering with an organization like CentricsIT that provides global vendor consolidation enables your company to save time and money. This also eliminates the hassle of navigating relationships and contracts with multiple different vendors, each with their own point of contact. The Problem with Too Many Vendors It’s not uncommon for companies to accrue several different maintenance support contracts from different vendors [...]

Consolidate Vendors for Your Global Procurement Team

Between contract negotiations, budget management, record-keeping, and contract renewals, there is always something to do (and improve). You’re under constant pressure to do more with less; to achieve not only baseline productivity, but to far exceed it—all with an ever-shrinking operating margin for the teams you oversee. Once you sign the many contracts needed to support your global operations, however, your job is still far from over. Now you must keep up with them all. More Vendors Mean More Problems When it comes to contract renewals, you’re expected to know the re-up schedule. When a line of hardware hits EOL, you’re the one who’s tasked with figuring out which supports that hardware. And if your company is international, then you’re faced with the even more difficult task of having to [...]