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6 best practices for better vendor management

CIO

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

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Vendor management: The key to productive partnerships

CIO

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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CIOs take aim at SaaS sprawl

CIO

He uses external providers and in-house developers to write connective “tissue” code to provide integration capabilities. For Bryan Muehlberger, CIO at Vuori, the rise of SaaS use has also led to a corresponding rise in vendor management challenges. “We It’s unwieldy at times managing a detailed budget by vendor.

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10 best practices when partnering for strategic skills

CIO

IT leaders must rigorously assess their partners’ talent management and development strategies, build greater trust and transparency into the relationships, and invest in greater partner governance. Many of the new skills are in rare supply, as are team leaders experienced in this new development paradigm.” Invest in win-wins.

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SaaS startup Stimulus closes oversubscribed $2.5 million seed round

TechCrunch

Stanard established the company after her own experiences as a buyer and vendor manager. Her experience in and around procurement uniquely positioned her to develop a solution that could quickly find a fit within her early target segment,” Norman said. “As It’s going from discovery to matching in real time.”.

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Software vendors offer AI sales boost for retail at NRF show

CIO

Commercetools uses AI to assist developers Commercetools is unveiling Foundry, a new suite of “precomposed” composable components for cart-to-checkout ecommerce. Artificial Intelligence, Generative AI, IT Strategy, Microsoft, Predictive Analytics, Retail Industry, Vendor Management, Vendors and Providers

Retail 263
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JLR revs up AI and intelligent automation initiatives

CIO

Generative AI has already made its entry into the company, with some software development teams using it in various parts of their coding schema and methodology, he says. Artificial Intelligence, Automotive Industry, Chief Data Officer, CIO, Data Management, Emerging Technology, Generative AI, Innovation, IT Leadership, Vendor Management