Manufacturing CIOs must direct IT cost optimization efforts that are often muddied with conflicting priorities and internal politics. Common cost optimization pitfalls can be avoided using a proactive approach derived from data and best-in-class practices.
- IT Cost Optimization Definition
- Leverage Global Initiatives for Enterprise Results
- Distinguish Between Optimization and Reduction
- Base Initiatives on Four Core Steps
- Develop a Cost Optimization Roadmap
- Manufacturing Industry Considerations
- Bring the Facts, and Question (Not Threaten) Everything
- Remove the Stigma of “No One Understands the IT Budget”
- Strive to Cut More Spend Than Is Required to Meet the Reduced Budget Goal
- Make Cost Optimization a Continuous, Enterprisewide Discipline
- Recognize the Reality of BU IT, and Engage Stakeholders to Create Value
- Balance Discussions About Cost Optimization With Equal Emphasis on IT Value
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