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Index > Consulting Services > Vendor Evaluation & Purchases   

Vendor Evaluation and Selection

Choosing a major vendor requires the same care as choosing key staff members. The consequences of a bad choice can affect your entire organization. Business compatibility rests on what's underneath the surface where careful understanding and mutual respect yield genuine results.

At Major Scale, our senior consultants will guide you through the assessment, decision, and management processes for selecting a vendor partner or system supplier that will move your organization toward its long term objectives.

Major Scale’s methodology will lead you to a fair and objective decision and help you establish required processes and procedures that will allow both you and your supplier to benefit from the partnership. We assist our clients with evaluation, negotiation, implementation and management of any type of IT supplier transaction.

Laying the Foundation

Define success criteria
Develop specific business and technology objectives for the new system
Document the entire scope of elements and services (Business or IT)
Determine the strategic relevance of each service to the business
Identify and document all ‘SHOW STOPPERS’
Develop initial timeline
Refine and communicate all governance policies, rules, regulations

Understanding Baselines

Develop cost models of known expenditures for proposed services
2 year history of actual and budgeted expenditures
Identify one-time, non-repeatable expenses
Identify any retained costs
Identify all supplier costs and cost growth projections
Specify service levels
Estimate all maintenance and support costs
Account for all software or other licenses
Estimate contract or temporary labor costs
Delineate end-of-term contract options

Vendor Evaluation and Selection

Develop RFP with business objectives, scope definitions & baseline data
Identify vendors capable of meeting RPF requirements
Distribute RFP, solicit bids
Conduct vendor bid presentations
Manage vendor due diligence inspections (in house)
Schedule customer vendor inspections
Solicit revised vendor bids
Evaluate bids for cost/benefit and cultural/organizational compatibility
Recommend vendor
Assist with contract development and negotiation

 

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