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Vendor Selection
To run an organisation sucessfully it is necessaray to have to select Vendors, this may be
effective or inefeective depending on the scope and skills of the managers.There are many
areas that need to be looked at in order to do the effective vendor selection
Application Package Economics
Selection of Packages normally influences the selection of HW and SW. Hence, the selection
of packages must be carried out carefully. The company selects packages with the hope to
get cost effective applications, and get the pool of investments from all customers
to improve the products. (If the packages are develped by the company )
Vendor Selection Process
Scope and requirements definition
Preliminary vendor screening and approach
Request for proposals
Vendor due diligence
Supplemental vendor selection
Project planning and approval
Final vendor negotion
Information to be Prepared
Business process flows
Process descriptions
Business event triggers
Data content
Processing calendar
Reporting requirements
User interface requirements
Security requirements
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