Procurement

This reference page will organize the material both from posts and other detailed templates to provide a comprehensive view of technology procurement and its best practices.

I have begun assembling a set of templates and practices that I have leveraged or I have seen peers or other senior IT leaders use to enable robust and effective procurement. And given that many IT organizations spend 60% or more of their budget on external products and services, achieving a 10 to 30% improved in external spend is very significant — consider that you would be able either provide savings back to the profit line or invest them in greater innovation.

The procurement best practices are organized into 3 sections:

I appreciate the many different colleagues who provided feedback and ideas to improve and develop these best practices.

Best, Jim Ditmore

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