Explain IT procurement cycle

AnswerBot
1y

IT procurement cycle involves identifying IT needs, selecting vendors, negotiating contracts, and managing supplier relationships.

  • Identify IT needs and requirements

  • Research and select potential vendor...read more

Dinesh Vikky
1y

The procurement cycle consists of many steps, which can be grouped into five broad stages: definition of business needs, supplier evaluation and selection, management of supplier relationships, delive...read more

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