Vendor management sustainability scorecard

Now that we have gone through the different levers of how you can leverage your buying power through IT procurement and vendor management, let us take a closer look at how you could construct a vendor management sustainability scorecard.

At an overall vendor management level, you should include critical measurements such as performance, contract, relationship, and risk. In addition to that, you should add a sustainability category. The sustainability category can also be divided into the following three specific categories:

• Vendor performance: Overall vendor sustainability performance in strategy, commitment, and progress. What is the footprint?
• Technology as an enabler: The specific impact provided by product and service use. What is their handprint?
• IT for Society or Technology for good (TECH4GOOD): The use of technology to effect positive social benefits through technology adoption. What is their heartprint?

The...