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Apex Technology Management, Inc. 1020 Market Street, Redding, CA 96001 Phone: 1-530-248-1000 or 1-800-310-2739 Fax: 1-530-243-9184 Email:info@apextmi.com |
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Vendor Assessment
Choosing vendors is one of the
most important and difficult tasks facing a project manager. While the net
result of choosing a vendor is to purchase a product or service, the
process of making this decision can be distracting, time consuming, and
often overwhelming. A complete vendor assessment looks at more than just
the product or service. Assessing vendors helps to manage expectations of
vendor involvement in project completion, balances the preparedness of
internal processes with vendor abilities, and takes into consideration the
long term ramifications of product support, upgrade availability, and
vendor stability.
Many niche markets have specialty
vendors with excellent products aimed at specific product groups. Some
examples include glass, tempering, marketing, CNC milling, and retail.
These vendors have expertise in product areas that makes their software or
hardware uniquely suited to fill a need. However, these vendors are often
smaller and have certain strengths and weaknesses. Preparing a project to
deal with these strengths and weaknesses so expectations of results are
correct is another function of the vendor assessment.
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