IT procurement and sourcing strategies
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
IT procurement and sourcing strategies
IT procurement and sourcing strategies are the methods and practices used by organizations to acquire the technology products and services they need to support their operations and goals. These strategies are designed to ensure that the organization is getting the best value for its IT investment, while also addressing the organization’s specific needs and requirements.
One common IT procurement strategy is to use a centralized approach, where all IT purchases are made through a central department or team. This approach allows the organization to have a more consistent and controlled procurement process, and to take advantage of economies of scale by making bulk purchases of common products and services. It also allows the organization to negotiate better terms and conditions with vendors, and to manage vendor relationships more effectively.
Another common IT procurement strategy is to use a decentralized approach, where different departments or teams are responsible for their own IT purchases. This approach allows departments to make purchases that are more closely aligned with their specific needs and requirements, and can also lead to greater innovation and experimentation. However, it can also lead to inconsistencies in the procurement process, and can make it more difficult for the organization to manage vendor relationships and negotiate better terms and conditions.
A more recent approach to IT procurement is to use a hybrid approach that combines elements of both centralized and decentralized procurement. This approach allows the organization to take advantage of the best of both worlds, by having a central department or team responsible for the overall procurement process, while also allowing departments to make their own purchases as needed.
In addition to these procurement strategies, organizations also use different sourcing strategies to acquire the technology products and services they need. One common sourcing strategy is to use a direct sourcing approach, where the organization purchases products and services directly from vendors. This approach allows the organization to have a more direct relationship with vendors, and to negotiate better terms and conditions. However, it can also be more time-consuming and resource-intensive, as the organization must conduct its own research and due diligence to select vendors.
Another common sourcing strategy is to use an indirect sourcing approach, where the organization uses intermediaries, such as resellers or distributors, to purchase products and services. This approach can be more efficient, as the intermediaries have already done the research and due diligence to select vendors. However, it can also lead to higher costs, as the intermediaries must mark up the products and services they sell.
A more recent sourcing strategy is to use a strategic sourcing approach, where the organization uses a combination of direct and indirect sourcing methods to acquire products and services. This approach allows the organization to take advantage of the best of both worlds, by using intermediaries to purchase certain products and services, while also purchasing others directly from vendors.
In summary, IT procurement and sourcing strategies are the methods and practices used by organizations to acquire the technology products and services they need to support their operations and goals. These strategies include centralized, decentralized and hybrid procurement approach, and direct, indirect and strategic sourcing approach. Organizations use these strategies to ensure that they are getting the best value for their IT investment, while also addressing their specific needs and requirements. It is important for organizations to evaluate their IT procurement and sourcing strategies regularly and adapt them as necessary to ensure that they continue to meet the organization’s evolving needs and goals.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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IT procurement and sourcing strategies
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