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  Vendor Management |
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Roll up your sleeves and do the hard work - manage your vendors the way leading enterprise companies do.
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| Headache |
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| Vendor selection is a critical and time-consuming process. Selecting vendors who can consistently provide the quality and quantity of services can be an arduous task. |
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| The relationship between vendors and buyers is typically one of "mutual mystification". Vendors routinely try to hide the cost of various processes or components in an effort to profit from obscure information. |
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| The solution : Wall Street IT Company's Managed Vendor. |
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| What is Managed Vendor? |
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| Wall Street IT Company's Vendor Management Services comprise of the development and maintenance of a complete and accurate inventory of the client's IT assets including software, desktops, hosts, servers as well as all related telecommunication hardware. All of these assets are matched against appropriate billable cost centers as defined by the client's accounting standards. |
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Wall Street ITCompany can manage or provide a specialized application for the management of centralized ordering (Moves, Adds, Changes and Deletes (MACDs)) and processing of trouble tickets, to ensure ongoing accuracy of the client's inventory.
Vendor Management Services also include the monitoring of vendor Service Level Agreements (SLAs), to ensure proper adherence and enforcement of penalties.
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| What to expect and how to engage WSIT? |
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| Working within client parameters, WSIT will select vendors to provide resources and negotiate the most advantageous contract terms. We evaluate companies from a financial, technical and administrative support perspective. Factors such as industry experience, recruiting methodology, interview-to-hire ratios and stability are crucial selection criteria to ensure the selected firms can deliver the required results. |
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| WSIT handles the day to day administration of the vendor relationship including: |
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- Communicating contract staff requirements
- Pre-screening candidates offered by each vendor
- Scheduling client interviews with pre-screened candidates
- Competitive price negotiation
- On-boarding and orientation of selected candidates
- Regular reporting of performance metrics and cost analysis
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| WSIT facilitates on-going communication between client management and selected vendors to ensure consistent client satisfaction. |
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| Managed Vendor offers specific services including: |
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- Vendor Selection
- Inventory Creation
- Order Desk (Inventory Maintenance)
- SLA Adherence
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| Cost Effective |
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| No ongoing, incremental maintenance and support costs. Simply pay a nominal one-time startup cost and a flat monthly. |
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| Benefits |
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| Benefits of the Vendor Management Services Include: |
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- Standardization of corporate process for ordering
- Control of rogue purchasing
- SLA Enforcement
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| Learn More |
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| To learn more about the benefits of managed security services or to receive a Free Quote on any of our services, please contact us. |
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