Implementing a Supplier Policy for Success

B.

The BEST way to ensure the success of a supplier policy requiring multiple technology suppliers is to align enterprise architecture (EA) and procurement strategies.

Option A: Implement a master service agreement: A master service agreement is a contract that outlines the terms and conditions between a service provider and a client. While a master service agreement can help establish clear terms and conditions between the supplier and the company, it may not guarantee the success of the supplier policy, especially if the enterprise architecture and procurement strategies are not aligned.

Option C: Identify and select suppliers based on cost: While cost is an important factor in supplier selection, it should not be the only criterion. Selecting suppliers solely based on cost could result in sacrificing quality and performance, which could negatively impact the success of the supplier policy.

Option D: Align the vendor selection process with the security policy: While aligning the vendor selection process with the security policy is important, it may not be sufficient to ensure the success of the supplier policy. The security policy is just one aspect that needs to be considered, and aligning the vendor selection process with it alone may not be enough to guarantee the success of the supplier policy.

Therefore, option B is the BEST choice. Aligning enterprise architecture (EA) and procurement strategies ensures that the technology suppliers selected are aligned with the overall business strategy and goals. This approach will help ensure that the selected technology suppliers meet the requirements for quality, performance, and reliability, which are necessary to achieve the success of the supplier policy. Furthermore, an aligned EA and procurement strategy can also help ensure that the technology suppliers work together effectively, avoiding conflicts that could impact the success of the supplier policy.