Ever since Arrow Electronics pulled an Enron on the ITAD business 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 gives a level of worth, in ITAD it additionally gives a level of complexity to be contemplated. Earlier than leaping into the pool, think about the next:
- The preliminary value related to RFI, RFP, contracting exercise, vendor onboarding, and the event value of information normalization and integration (that is enormous)
- The continuing value of vendor administration, the duplication of effort related to one other supplier, the incremental effort wanted to all the time evaluate suppliers (like a relentless RFP), and the operational problem related to requestors having to resolve a number of vendor portals
- The quantity and price of incremental assets wanted to make this occur – coupled with the probabilities that your group will truly fund it!
No matter threat is mitigated by a two-vendor technique, be careful for incremental complexity that will greater than add again. Let’s not neglect the worth of the fundamentals – the administration of this threat begins with good old style blocking & tackling in threat administration and vendor administration. Essentially 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 clients with superior monetary and sustainability outcomes at minimal draw back threat.
