article thumbnail

6 best practices for better vendor management

CIO Business Intelligence

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

article thumbnail

Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. Benefits of vendor management. Left unmanaged, vendor partnerships can quickly fall behind.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CIOs take aim at SaaS sprawl

CIO Business Intelligence

For Bryan Muehlberger, CIO at Vuori, the rise of SaaS use has also led to a corresponding rise in vendor management challenges. “We APIs, Application Integration, Cloud Computing, IT Strategy, SaaS, Vendor Management

article thumbnail

10 best practices when partnering for strategic skills

CIO Business Intelligence

IT leaders must rigorously assess their partners’ talent management and development strategies, build greater trust and transparency into the relationships, and invest in greater partner governance. Double down on vendor management. Invest in workforce planning.

article thumbnail

5 rules that transform outsourcing outcomes

CIO Business Intelligence

UT’s ongoing research into the world’s most successful outsourcing relationships, including those from Dell’s and the Canadian government , has uncovered five key rules for establishing win-win strategic partnerships that work collaboratively to achieve business outcomes. Outsourcing, Vendor Management

article thumbnail

CIOs still grapple with what gen AI can do for the enterprise

CIO Business Intelligence

If you get your governance, security, and your data ingestion right, generative AI can help scale a small company into a big company — and a lean one,” says Thompson. “My My prediction is generative AI will be the most disruptive innovation in business. Companies that don’t embrace generative AI will become obsolete.”

article thumbnail

3 key roles for driving digital success

CIO Business Intelligence

Data architects, who partner with data scientists and data governance specialists, ensure new data sources are cataloged, comply with enterprise naming conventions, and adhere to data security requirements. When working with teams, they should simplify vendor management and reporting, including financial and other KPIs.

Agile 97