06 August 2007 | Antony Barton
IT managers are wasting time on lengthy and inefficient procurement, according to new research.
A survey of more than 250 IT managers shows that nearly 20 per cent of respondents' time is spent on buying.
The research by IT procurement website theitindex.co.uk reveals that 78 per cent of respondents specify and procure, while 13 per cent specify only and 9 per cent buy only.
Peter Robbins, managing director of Probrand - owners of theitindex.co.uk - said: "We have found that the majority of IT managers spend an average of one day a week ringing round and conducting manual comparisons. Often, they will then approach an existing contracted supplier and negotiate what they believe is the best deal based on the loose intelligence they have gathered."
He added that this inefficient and costly approach is why 40 per cent of managers' time is spent on procurement and administration.