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Ever since Arrow Electronics pulled an Enron on the ITAD trade again in 2019, there’s been chatter and opinions relating to the deserves of getting two (or extra) ITAD suppliers. Whereas diversification all the time supplies a level of worth, in ITAD it additionally supplies a level of complexity to be contemplated. Earlier than leaping into the pool, contemplate the next:
- The preliminary price related to RFI, RFP, contracting exercise, vendor onboarding, and the event price of knowledge normalization and integration (that is big)
- The continuing price of vendor administration, the duplication of effort related to one other supplier, the incremental effort wanted to all the time examine suppliers (like a relentless RFP), and the operational problem related to requestors having to determine a number of vendor portals
- The quantity and value of incremental assets wanted to make this occur – coupled with the possibilities that your group will really fund it!
No matter danger is mitigated by a two-vendor technique, be careful for incremental complexity which will greater than add again. Let’s not overlook the worth of the fundamentals – the administration of this danger begins with good old school blocking & tackling in danger administration and vendor administration. Probably the most dependable distributors through the years have arguably been the pure play ITADs with focus and dedication to offering a high quality service.
The Arrow debacle was a “black swan” occasion going down at an organization the place ITAD was a small a part of the enterprise. An optimum single-threaded ITAD resolution rewards its prospects with superior monetary and sustainability outcomes at minimal draw back danger.
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