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Vendor-neutral
Vendor-neutral is a business model where no single vendor has a monopoly on all technologies used by an organization. SMBs that adopt this model select services from multiple providers based on cost, ease of use, implementation, and other factors. For example, a business might use a data center from one provider and a server from another. To qualify, a vendor must remain neutral and provide publicly available technologies or license services at a nominal fee. It must also belong to an association that: -Welcomes new members -Publishes membership rules -Uses unbiased business practices -Ensures the integrity of all technology implementations Vendor-neutral differs from the vendor-specific model, where vendors work on behalf of a technology company and sell its products and services.
What Small and Midsize Businesses Need to Know About Vendor-neutral
SMBs can benefit from the vendor-neutral model by working with unbiased vendors and saving money on the latest technologies.
Related terms
- Procurement
- Bill of Materials (BOM)
- Advanced Driver Assistance Systems (ADAS)
- Smart Factory
- Strategic Sourcing
- Value-Added Reseller (VAR)
- Telematics
- Supply Chain
- Vendor
- Enterprise Resource Planning (ERP)
- Supply Chain Planning (SCP)
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Total Quality Management (TQM)
- Vendor Management
- Senpai
- Radio-frequency Identification (RFID)
- Loopback
- Total Cost of Ownership (TCO)
- Electro Mobility (e-Mobility)