Vendor Management
While more administrative than technical in nature, the strategic selection and management of third-party technology vendors is a critical aspect of implemeting and managing enterprise technology architecture.
Vendor relationships require active management to ensure engagement and finding oppurtunities to partner on creating mutual and lasting value, while mindfully balancing vendor lock-in and supply chain risk.
In addition to relationship management, vendor management includes contract negotiation, monitoring vendor performance, and enforcing compliance with agreements and service level expectations.