IT Procurement Best Practices Research Paper Example | Topics and Well Written Essays - 2000 words

IT Procurement Best Practices - Research Paper Example In today’s competitive economic environment, every business strives to keep their costs as low as possible while improving the output despite all the challenges available. In order to achieve this, one of the areas of focus is the supply chains and procurement methods which have to adopt philosophies and processes that enable the business to compete appropriately. In order for the procurement processes and the department in entirety to perform at its best, various best practices have to be employed which, in essence, makes use of information technology. Implementing these best practices in an organization will provide a strong foundation for the organization’s supply chain excellence. The aim of this paper is to outline the current best practices that IT procurement employs in an organization in an attempt to achieve efficiency in the organization’s project procurement of software and hardware. The discussion will additionally outline some of the common procurement practices used by the US Government in its systems. Like any other process in an organization, good planning serves as a recipe for a successful IT procurement process. The level to which the planning process takes, however, is dependent on the complexity of the procurement as well as its size. For example, purchasing lesser stationaries and hardware in an organization such as printers and personal computers may not demand a very comprehensive planning process. On the contrary, procurement of complex systems such as infrastructure and software for use in large operations in organizations demands better planning. The planning process is a very important practice and step for the success of any IT procurement process. Typically, a good planning process in IT procurement entails various steps. First, the process has to define a clear description of the expected outcome in the IT