Big Rock, Best-in-Breed, or Ecosystem: What’s the Best Vendor Procurement Strategy? (Ep.79)

When choosing vendors, what strategy should you employ: big rock, best-in-breed, or ecosystem? The big rock approach consolidates vendor relationships around a few strategic partners. Best-in-breed focuses on selecting top solutions from various vendors. The ecosystem model combines elements of both.

Today’s conversation explores all three models and also highlights the importance of integration, the risks of vendor lock-in, and the need for intentionality in vendor selection.

With Your HEAVY STRATEGY Hosts:
• Johna Till Johnson, Nemertes Founder + CEO
• John Burke, Nemertes CTO