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vendor management consulting

 
#1 vendor management consulting
18/01/2009 12:12

Gordon Gecko

what do you guys think about the future of IT vendor management consulting. Future prospects/demand, salary, power, influence, etc.

I suppose there will always be a place for someone to manage vendors...

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#2 RE: vendor management consulting
19/01/2009 06:58

Gunslinger to Gordon Gecko (#1)

Vendor mgt is a reasonably hot field right now. The concept of Vendor Management Office is taking off- much more than just getting the best deals from vendors; more about forming strategic partnerships with vendors and really workign together.

The skills for this are the usual high level business skills- business mgt, company mgt, klnowledge of prod/svcs offered by not only your company but also the vendors , lots of multi tasking. In a lot of large companies, they will have many vendors - so utilising creativity in making non-obvious relationships between vendors that work with your company to derive win-win for all parties involved will see you with a fast ticket to the C-suite.

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#3 RE: vendor management consulting
19/01/2009 09:29

none@none.com to Gunslinger (#2)

Fast track to what job in the C-suite? Can not see anyone in a job like this making it up there.

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#4 RE: vendor management consulting
19/01/2009 12:45

Gunslinger to none@none.com (#3)

Obviously, you have to be good at vendor management- really developing the relationships with your vendors as strategic partners ( rather than , say, SLA Monitoring ) for the betterment of your company, but also the vendor company. The skills to do this successfully require most of what i said before- basically CIO level ( or near it) skills. If a really good vendor manager can show betterment of the comapny by utilising the resources of the vendors ( and especially in creative ways), then this will be favorably looked upon by the CIO and sr managers of the CIO office.

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