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 refer to the methods and techniques used by organizations to acquire goods and services related to information technology. These strategies are critical for ensuring that the organization obtains the necessary IT resources at the best possible price and quality, while also minimizing risks and maximizing value.
One key strategy for IT procurement is to use competitive bidding processes. This involves issuing a request for proposal (RFP) to multiple vendors, outlining the organization’s requirements and inviting them to submit bids. The organization can then evaluate the bids and select the vendor that offers the best combination of price, quality, and other factors. This strategy helps to ensure that the organization gets the best deal possible, as vendors are competing against each other to win the contract.
Another important strategy for IT procurement is to use strategic sourcing. This involves analyzing the organization’s overall IT needs and identifying the best sources for each type of IT resource. This may involve working with a single vendor for all IT needs or using multiple vendors for different types of resources. The goal of strategic sourcing is to identify the most cost-effective and efficient sources of IT resources and to establish long-term relationships with these vendors.
Another technique is to leverage the power of the cloud. Cloud-based services are becoming increasingly popular as a way to acquire IT resources because they offer a number of advantages, such as lower costs, scalability, and flexibility. Rather than investing in expensive hardware and software, organizations can use cloud-based services to access IT resources on an as-needed basis. This can help to reduce costs, as organizations only pay for the resources they actually use, and it can also make it easier to scale IT resources up or down as needed.
Another technique is to use open source software. Open source software is software that is available to the public for free and can be modified and distributed by anyone. This type of software can be a cost-effective alternative to proprietary software, as it eliminates the need to purchase licenses. Additionally, open source software is typically more flexible and customizable than proprietary software, which can be beneficial for organizations with unique IT requirements.
Finally, IT procurement and sourcing strategies should also include risk management. Organizations should assess the potential risks associated with different IT resources and vendors, and put measures in place to mitigate those risks. For example, organizations should ensure that their IT resources are properly secured and that they have disaster recovery plans in place. They should also ensure that they have contracts in place that protect their interests and that they conduct regular reviews of their vendors to ensure they are meeting their obligations.
In conclusion, IT procurement and sourcing strategies are critical for ensuring that organizations acquire the necessary IT resources at the best possible price and quality, while also minimizing risks and maximizing value. By using competitive bidding processes, strategic sourcing, leveraging the power of the cloud, using open source software and implementing risk management, organizations can ensure that they are getting the most out of their IT investments.
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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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