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Rogue IT purchasing can increase costs and limit your ability to negotiate the best deals. Learn how to develop an IT purchasing policy that saves money and optimizes your IT buying options.
Unapproved, off-contract purchasing of IT hardware, software, and components can lead to higher rates and lost leverage in future contract negotiations. In fact, off-contract purchasing accounts for 30 percent of maintenance, repair, and operating (MRO) supplies purchases (source: General Electric Information Services). Develop and implement an IT purchasing policy to help reduce maverick spending and control costs across the board.
Benefits of Enforcing a Purchasing Policy:
Standardize technologies, making for easier training and improved support.
Lower per unit pricing via volume-based contracts.
Better understand and manage IT inventory levels.
Reduce duplication of effort and administrative overhead, speeding purchase request processing.
Better track and analyze purchasing trends, aiding in future purchasing.
Action Plan:
Involve the Purchasing Department: If you have a separate purchasing unit, work...