Gartner Research

Managing Procurement and Vendor Management Risk With Startups and Microvendors

Published: 29 June 2016

ID: G00303172

Analyst(s): Paddy Forry, Ehtisham Zaidi

Summary

IT leaders must be encouraged to work with startups and microvendors to drive innovation and digital business, while also collaborating with technology procurement leaders and other key stakeholders to minimize risk.

Table Of Contents

Analysis

Research Highlights

  • 1. Procurement Strategy — Strive to Become Bimodal
  • 2. Contract Negotiation — Focus on Business Growth, Risk Reduction and Improved Agility
  • 3. Vendor Management — Facilitate Innovation by Driving Vendor Performance

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.