Effective IT procurement is essential for organizations to acquire the necessary technology solutions efficiently and cost-effectively. This session explores the general setup of IT procurement at Bayer, covering process design, time commitments, agile sourcing, vendor definition, reduction, selection procedures, and the importance of preparation to ensure timeliness. Departing from the process design as well as vendor definition and reduction strategies, the presentation highlights careful planning and documentation of requirements, milestones, and evaluation criteria, further addressing the issue of precise time commitments to ensure timely execution of each stage of procurement and avoid a delay of RFPs. Finally, the session will provide some examples for agile sourcing pointing out the benefits with regard to flexibility and adaptability as a response to changing needs and market conditions. In this session, you will learn:
- How to optimally design IT procurement processes
- How to develop strategies for agile sourcing to enhance flexibility and responsiveness
- How to improve vendor definition and reduction in streamlining the selection procedure
- How to ensure timely acquisition of quality solutions to meet your organization’s business needs.
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