focuses on the single largest cost in sustaining operations in IT-vendor expenditures. Typically, vendor costs consume more than 50% of an IT organization's overall budget. Most of this amount is spent on IT infrastructure, an area that has minimal perceived value from a business perspective. You can maximize the value of vendor relationships by shifting time, people, and dollars from low-value infrastructure to high-value projects that are recognized by the business organization.
provides comprehensive management of, and visibility into, IT vendor activity. It enables your IT organization to proactively understand the business impact of vendors, build quality vendor relationships, establish ongoing vendor performance metrics, and, ultimately, maximize the value derived from your vendors. You can use the
windows to view selected lists of vendors and summary information about an individual vendor, or you can delve into the details of any aspect of the vendor relationship.
, select Supplier Management on the left navigation bar on the
user window. Alternatively, you can directly select one of the following
components on the left navigation bar.
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