SBTUGMarch 2010Vendor ManagementAndrew D. Cohen@theloudestvoice<br />
Never hire your mates<br />You need to be professional in all dealings and above probity<br />More & more companies are lo...
Vendors take management<br />You need to make time to manage vendors.<br />That’s why we have Project Managers<br />If no ...
Process is your friend<br />Use process to get results, manage Risk & obtain value for money<br />When engaging <br />Crea...
Issue Purchase orders to a value<br />Don’t have that dreaded big Invoice<br />Issue Purchase orders<br />Use this to hold...
Select the appropriate vendor for you<br />Make sure you vet the resources<br />Remember the vendor wants to make money an...
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SBTUG Presentation on Vendor Management

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SBTUG Presentation on Vendor Management

  1. 1. SBTUGMarch 2010Vendor ManagementAndrew D. Cohen@theloudestvoice<br />
  2. 2. Never hire your mates<br />You need to be professional in all dealings and above probity<br />More & more companies are looking at conflict of interests<br />Companies want value for money<br />
  3. 3. Vendors take management<br />You need to make time to manage vendors.<br />That’s why we have Project Managers<br />If no PM<br />Don’t do it as a second job, it will fail.<br />
  4. 4. Process is your friend<br />Use process to get results, manage Risk & obtain value for money<br />When engaging <br />Create a scope<br />Vendor to do SOW (Statement of Works)<br />Mange to deliverables & $<br />Vendors need Project Management<br />Meet regularly<br />Bring up issues early<br />Bring up & document - email<br />Escalate early<br />
  5. 5. Issue Purchase orders to a value<br />Don’t have that dreaded big Invoice<br />Issue Purchase orders<br />Use this to hold the cost line.<br />
  6. 6. Select the appropriate vendor for you<br />Make sure you vet the resources<br />Remember the vendor wants to make money and with T & M that means slow work<br />Fixed price – they will load 15% for the risk<br />I do fixed price the cheep way.<br />Create a project plan with the vendor then manage to it, close.<br />
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