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Article: Due diligence on key vendors: looking for floes in all the right places.(Web Wise Ways)
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- Searcher
- Article date:
- September 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Information Today, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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What can information professionals do to significantly decrease the chance of repeating the challenges of the divine vendor follies? How can you minimize your risk and maximize your investments? You can evaluate and monitor your vendors. We'll share how to look for potential icebergs and what to do once you suspect the iceberg will soon calve.
Just as you would evaluate and monitor companies in which you invest significant money, you should continuously evaluate and monitor your content and service providers. Whether you work in private or public institutions, whether responsible for subscriptions or for services from providers, you need to make good choices and ...